We have a bit of a unique situation though. We have 2 houses that we rent to our children. we live with one of them for 5 months and travel the other 7 months. When I reported both as rentals last year they showed a loss of 28K so we couldn't get a loan for our new home due to being at 45% debt ratio. We are planning to sell both homes this year but are afraid we will show a large loss again and the bank will not give us a loan. I guess we need a good tax accountant. any other suggestions will be helpful.....
