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Updated over 13 years ago, 06/23/2011

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1
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Avi Srimani
  • Select a State
0
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1
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Advise requested

Avi Srimani
  • Select a State
Posted

Hi,
I am looking at a four plex. I asked for Schedule E. I got for three years.

Last year shows as follows:

Rental Income : 20,000

Rental Expense 20,600

Depreciation 6000

Rental Loss 6000

Last three year the figure is similar to the above. Does this investment mean a major loss

I appreciate any advise.

Thanks.

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