I have had rental properties for 20 years now. Never before have I seen the tax go up with each new added expense. There were net losses on 3 of the 6 properties, not net gains, but the tax amount went up on each property for each new expense entered. Also, I had depreciation items (new roof, HVAC, etc), and when I attempted to depreciate them in a single year instead of over 10 years, that increased my tax owed amount as well. I still think something in the calculations section for rental properties is broken right now.
