You stop depreciating it either when you have fully recovered your cost or other basis, or when you retire it from service, whichever happens first.

Do you share in the losses if there is a loss?

To get there, I'll have to unload the SF we have out of state and just walk away from the loss - it will still free up a chunk of cash.

Does anyone know if you had form 8582 for passive losses when irs Is accepting these returns?

If you put 30k down, then what you really want to know is how quickly you will be recovering this cash: NOI - Cost of Money = Cash FlowCF / Cash Investment = Cash on CashA lot of analysis that we do are important, but rather academic.

IF they are late because of financial hardship and have been a great tenant, we won't charge that late fee because it would cause the "snowball" effect and they may never recover.

Just like a lender analyzing a workout and options with a borrower you need to do the same with your rent and contract with a tenant.Is this a temporary problem they can get resolved or is it symptomatic of a bigger problem they cannot recover from in the short term??

., if a seller owns the property outright, he would, very naturally, want to sell it as close to fair market value as possible and, thus, unwilling to take a loss unless they were motivated?

My post warning about the site is not a blanket no against the program, just a warning and my opinion that making any investment with anybody or company without collateral is risky in my opinion and would not want to see anyone here take a loss without being warned.If this program could offer the investor collateral rather than all funds remaining unsecured, I would say it is a great thing.

A slower recovery, especially when hindered by drafts/excessive heat loss, can double that temp drop before the upward swing back up to satisfy thermostat.