If the LLC you own shows a loss (beyond depreciation), and you are an owner of that LLC, this would carry into your personal tax returns on Schedule E, page 2 from your K1.

Went through extra fast because the developer really had no other good optionsI doubt we'll know the full details for years to come but I'm curious if you have an opinion, or if there's other probable options C,D,E I could be missing as just a public bystander to the situation @Rene Hosman It's very rare that anything gets done quietly behind the scenes.

Currently, we own and operate around 1,900 lots in 12 states, and headquartered in Phoenix, AZ (1176 E Warner Road Gilbert AZ).

I have a lot of faith in Newberry, but the numbers are the numbers.https://www.sec.gov/Archives/e...

One that stands out to me is 1801 E 69th Terrace. 3/2 with similar square footage.

Update: I received an e-mail today from Delta updating me on the status - the Lot has been scrapped and several other activities have been completed, so it looks like the project is continuing.

I have a UPS box, also capable of receiving shipments (I get an e-mail when a package has arrived, for example). 

To just make money is not enough.Michael Gerber, author of the E-Myth  said it best in an interview.  

says he invests note funds into 3 e-commerce businesses and 1 Mastermind business and 1 Business that puts on Broadway Musicals.

That in itself is a skill and a needed over head component to keep from having investors get very antsy and then take to SM because they are not getting their e mails returned that day or next ..