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All Forum Posts by: Avi Srimani

Avi Srimani has started 1 posts and replied 1 times.

Post: Advise requested

Avi SrimaniPosted
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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.