Talk to your tax professional if the purpose is to minimize taxes.  

Overall the gist of the documents you sign seems to be that no, it can only be for losses incurred as part of the COVID economic disaster, and you agreed to allow an audit or inspection of your books to verify compliance. 

We can also offer cash-for-keys to recover possession of a home.For those tenants that claim they can’t pay rent due to a job loss, we are asking them to support their claim by providing the following:A layoff notice or similarTheir unemployment claim statusAny unemployment benefit award(s)Current bank statement to prove no employment-related deposits or unemployment benefit paymentsWe’ve updated our rent collection numbers through May 15, with the results compared to April 15 below:At this time, that is about all we can do.

As the owner of a property management company, I can tell you that many maintenance coordination activities operate at a loss. 

If anything, your SchC shows your incomeFor the rentals, they should be taking your SchE filings and recalc for 75% of the rental income (not your profit/loss, but 75% of the rents).

This is not considering a gain in income on your brother's part or a loss on your part.

She won’t be able to use any of the losses (passive) from the rental, with income over $150k.

For example, common tricks of the trade are to leave out property management fees (typically around 10% of rental income) and just explain it away as "We assume you'll self-manage", or to minimize repair costs and/or leave out capex or property taxes on the P&L.

They are doing their best o minimize dirt (though that's nearly impossible when you're demolishing a 100+ year old chimney)More details to follow.  

And my bank account will not notice even with a couple hundred in losses each month for a couple of years.