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27 January 2025 | 6 replies
If you do have gains, you may be able to offset other properties losses to reduce the tax burden.
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29 January 2025 | 9 replies
The owners of 100+ unit complexes are not individuals who will be swayed to sell by a good offer or the need to cut short term losses.
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30 January 2025 | 4 replies
We have life time losses to uncollectable rent/financing payments to prove we back up this claim.
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24 January 2025 | 3 replies
Have you ever had a capital loss?
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20 January 2025 | 3 replies
Evaluate the situation to see if you could have done anything differently to mitigate the loss and implement changes to your processes, but know that this happens and hoepfully just not too close together.
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16 January 2025 | 3 replies
I would consider adding loss of rents coverage.
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22 January 2025 | 4 replies
Once again, I had to ask my family for financial support—a daunting task after the first loss.
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15 January 2025 | 12 replies
@David Woodside The 500-hour rule allows you to treat rental losses as active, enabling you to offset other income and reduce your tax bill significantly.
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24 January 2025 | 15 replies
I can release my properties without much loss if I have to.
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30 January 2025 | 34 replies
There are ways you could do this, but it sounds like you've already resigned yourself to the loss so I won't bother.