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Updated almost 14 years ago on . Most recent reply

Advise requested
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.