This post does not create a CPA-Client relationship.

The program is neither good nor bad, there's just different pros & cons compared to cash paying tenants.Have offered to schedule a call with you numerous times to try and assist you, but you seem to prefer posting & posting & posting - which will take so much longer:(What are the chances you'll actually invest someday, given how long it's taking you to do basic research?

Working with a CPA or financial planner can help optimize tax strategies and ensure the best approach for your goals.This post does not create a CPA-Client relationship.

Great post @Robby Sanchez Spot on!

It has been sold to Inspira.For those who are interested in some background, here is today's public Facebook post from  my friend John Hyre, the brilliant tax attorney well known to most real estate investors, one of the keynote speakers at every Quest Expo.

Assuming you are both working and the rentals are long-term, rental losses up to $25,000 can offset W-2 income if your MAGI is under $150,000, with excess losses carried forward.This post does not create a CPA-Client relationship.

Reporting begins when it's placed in service, not when it’s first rented.This post does not create a CPA-Client relationship.

Is this the same @Paul Lucenti who responded with  "Thank you - I guess we will find out". when I was critical of your posts a few days ago about raising money to scale your business by investing in section 8 rentals?

When it comes to these types of auctions by the sheriff, is there a waiting period that must be observed before rehabbing/renting the building post winning the bid?

I imagine that if ALL the LP"s protested with Form 8082, the IRS might have taken note.I need to write some posts about the Tricks and Traps that some syndicators [not you, of course] use to the detriment of the LP's.But the Form 8082 is your best friend.