It basically covers the meeting facility. 

@Bo Smith yes I would use a property manager Background: the military gives a basic housing allowance (BAH) that is adjusted each year based on locality.

You’re basically pulling future depreciation into this year.Two things to watch:Make sure the rentals are truly rental activities for passive vs nonpassive rules — big losses don’t help if you can’t use them.Get the study done by someone who actually knows residential rentals, not just big commercial.So: yes, you can do it now, yes, you can catch up, but no, you generally don’t get to go back and grab the old-year bonus as if you’d done the study in 2020.

Caution: When you can use the depreciation deduction depends basically on how you handle the Section 469 passive loss limitation stuff. 

Only real drawback of a pool table is that they are a space killer, basically a one car garage full of space is required with the clearance. 

  (3).don't have a property manager basically  (4) don't use too much for personal use - lot of nuances here. 

Basically, it's a spread trade.

Some of us hold CPA licenses, some hold EA licenses which is basically the same.

Once you factor in typical reserves (5-8% vacancy, 5% maintenance, 5% cap-ex), you're basically breaking even or slightly negative cash flow.The real question is what's the $187k going to do for you?

Basically you did a rockstar value add that I suspect no poster could n this thread has matched.