I never investigated further.I always questioned his recommendations because at the price/rent point he was advocating, the maintenance/cap ex would consume too much of the rent unless actively self managed.  

In fact many properties being shopped around by wholesalers are actually just expired MLS listings (properties that failed to sell on the MLS) or active MLS listings under contract by a wholesaler. 

I'm a full-time active real estate investor (former engineer) in Edmonton with 32 doors, and another 24 under contract.

Hello,For a new project in St Petersburg, we are looking for an experienced project manager.Management of subcontractors, crews, and site related construction activities.

I am having a doubt here, as this seems like active losses from the sale, whereas the property was a commercial rental property held > 1 year.

🌞6️⃣ Rental Income Deductions: Earn income & deduct related expenses.7️⃣ Home Equity Loan Interest: Deduct interest if used to improve your home.8️⃣ Military Moving Expenses: Active-duty?

Start cutting the favoritism, the golden net's, remove hurdles for small business launch, remove corporate favoritism and watch things correct themself. 

First off, if you have passive activity losses carryovers (unused losses from previous years) those losses wil be recognized to the extent of your passive income (gain) from the sale.

Normally with long term rentals though, losses are considered passive activity losses and not released until you dispose of the property.

There are a lot of active users in Houston that you should be able to connect with and meet at local meetups if you don't know them already from your experience.