I had a client exit his real estate business and leave suspended losses behind.  

I'm particularly passionate about midterm rentals.Outside of real estate, I enjoy working with special needs adults and education about memory loss prevention.Excited to learn and connect with you all!

Hi David,We had a great live session in this week's webinar:The Profitable World of Broadway InvestmentsAs an accredited investor, you understand that relying on a single type of asset can expose you to financial losses during market fluctuations.

You can’t stop the house from burning down after you incurred costs, but before you’ve closed. if you’re leveraging, you can’t change interest rate (much.) you can’t guarantee that you don’t have a year of rent loss because your state decided to put a moratorium on evictions. did you see the case in California where the guy sold his house but didn’t move out?

The reason why nothing can target motivated sellers is that when someone becomes motivated ONLY they know that they became motivated.Nothing else can know when someone is about to become motivated.Here is the mistake so many make.Everyone assumes that foreclosure, absentee owners, job loss, relocation etc. etc = motivated sellers.If that were true, it wouldn't take you 3000 mailers calls and texts to get just one lousy deal.

I'm completely fed up and I am trying to figure out if it's worth keeping to rent out or if I should just cut my losses and sell it. 

Expenses neared my W-2 income, so that I am showing massive losses for 2023.

Reviews are everything, and a few bad reviews early on because you didn't have a comfortable bed or were missing kitchen supplies can tank your listing for a long time before you're able to recover. 

As long as you have a primary housing expense (either renting or own) you will be able to use 75% of the appraisers opinion of the future rent. and you will be able to add back a decent portion of your paper losses on your tax returns for the properties you already own using this form:  https://content.enactmi.com/documents/calculators/Form1038.C... 

It is not "funny money".Just for giggles:Mortgage fraud is covered under the 2009 FERA (Fraud Enforcement and Recover Act).