I own and operate a property management firm in Chicago. 

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?

This is a classic case of buying in an area you probably should not have and only appropriate for locals who will go to the property the moment tenant moves out remove all the mechanicals themselves and then re install upon tenant move inwhy anyone wants to own this type of asset is a mystery to me..

The housing authority also came out after I told them nobody is living there anymore, so they removed her from the section 8 program and they no longer pay a portion of the rent.

Ask the planning group to look at another subdivision plans and also ask the engineering firm for a similar set of plans to look through.  

You do not need to remove or even re-configure your property to list it on PadSplit.

In my market they keep reducing parking requirements while removing public parking.  

@Scott Trench and his team have done a good job with the sub to guys they got removed but came back a few months ago and of course the post on all sub to threads and at first just normal responses like they did not really understand the bizz..

Not going to be removed for that.

Wondering if you had any feedback for those firms or if you have something else you'd recommend!