Get the Nolo landlord tax deduction guide book.

All taxable items should be the gross amount instead of deducting the tax.

I would also have to pay out of pocket for the master pocket deductible, which can be anywhere from 5k-25k or more, depending how many claims the HOA has had.

Also up deductables.   

I have a $2500 deductible with a $250,000 limit.

@Bryan Mills from my understanding c corps pay taxes on net income not gross income so operating costs and any gross income that gets reinvested or paid out for expenses to accountants, lawyers, realestate agents, debt repayments (the initial 4 million investment being repayed is debt for the corporation a d deductible) are all tax deductible.

No you can’t deduct the losses on your w2 unless you are a real estate professional

Suppose, I‘m getting $12, 000/year ($2k/month) after deducting all taxes and expenses.

They are learning bout limits, deductions, liability, etc.They meet with my attorney for my will and Trust, and know how they are set up and who will eventually manage what.They know that business is business and charity is charity, and are learning how to apply that. 

First, you must meet the eligibility requirements to set up a Solo 401k: (i) you are self-employed; and (ii) you do not have any full-time w-2 employees (i.e. working 1000 hours or more per year) working for your self-employed business or otherwise working for you.