You still need material participation to take losses against ordinary income.

They can be used to offset other passive income or be applied against your ordinary income in the year of sale. 

Besides, new constructions are selling for astronomical price out of the reach of ordinary Americans (why would they sell for less than a current marker value?

Not all things you consider an expense are honored by the court.For example, in a Colorado Court of Appeals case, “the trial court found that the principal portion of the mortgage payments did not qualify as ordinary and necessary expenses for purposes of calculating child support.”It’s All In The NumbersAccording to the Census Bureau, “Parents who received regular child support payments received a monthly average of $604 and a monthly median of $396 in 2017.”

The covered parking area and patios should have adequate drainage to prevent water accumulation and potential damage.Investment ForecastPurchase Price: $849,900Total NOI over 10 years: $308,782.13Year 10 Value: $1,256,336 (based on a conservative 4% appreciation rate)Annualized return: 6.30%ConclusionWhile this property is poised for appreciation, sustaining it over several years for substantial returns would require substantial financial resources due to high debt servicing costs and negative annual Cash on Cash (CoC) returns.

The property includes a screened-in patio and an underground pool.

Some other structures, like a patio and propane tank, are even closer.

However, the pay-off can be much larger.I believe people need to increase their ordinary income before they consider making investments.

Once you qualify for REPS, prior year suspended losses can be used to offset current year ordinary income.

According to the IRS the vehicle needs to be used for 50% for business and needs to be "ordinary" and "necessary".Anybody who can give their expertise I would appreciate it.Thanks!