We tried to sell, but we would have taken a +$40k haircut….so I rented to my brother for 2 years (with the threat I’d kill him if even a scratch happened) and waited out the market, selling at break-even back in 2014.Many.

The owner's brother is living there now and she's ready to get rid of it.5.

Using cost segregation and 100% bonus depreciation in tandem with the OZ seems like a no brainer, but the opportunity for using cost seg’s “little brother” an abandonment study would be perfect for this.

I'm happy I was of help brother!

Thanks for the clairification.So, my brother makes over $150k, and thus will not be able to deduct below zero.I heard something on a podcast about if you are a real estate professional, 1050 hours a year, you can claim the loss no matter what. 

As a side note, and completely unforeseeable development, my older brother was also in the room while discussing this with my father.

I have these two lots and looking to do something with them....I saw your a real estate broker and asked my brother (he does a lot of lawn work for real estate brokers) if he knew you. 

I’m with ya brother!

Amen Brother !!!!  

My little brother was stabbed 4 times with me trying to put his ear back together as it was split in half and the bottom half of his ear flopping down the side of neck macking sure hes ok, trying to help my buddys from being stabbed themselves with no success findind out when the ambulance got there that my brother was on the brink of death by blood loss and friend being slashed but not being able to feel it because of the adrenaline or see it because his clothes were covering his cut while shaking off the brass knuckle hits to the back of my head, i was shook.