The first $ 25,000 of net losses from rental activities can be deducted in the current tax year for active participants with adjusted gross income of less than $ 100,000. (sapling.com)
On this point make sure you understand how to insure the homes and particularly the vacation rental activities. (biggerpockets.com)
The metric is meant to reflect profits from the actual rental activity, backing out many unrelated items. (fool.com)