But because he raised rents each year, and rents were increasing by ridiculous rates, tenants constantly moved, had to sell the property at a loss several years later due to constant vacancies.Finally, the most interesting situation I ran across was a tenant, a 93 year old tenant paying rent on a 2BR apartment for $90/month.

If she qualifies and materially participates, passive loss limitations won’t apply, allowing you to offset your income with cost segregation and bonus depreciation.This post does not create a CPA-Client relationship.

That’s the best chance we have at potentially recovering from this.

It will be a lot of hard work for little to no pay (or loss) until you hit a point that will be long and hard. 

We were also able to recover $1,550 in liquidated damages from that resident which meant that you were not out of pocket at all for that property turn.

This could turn a potential loss into positive cash flow while protecting your property’s value.

Mainstream homeowner policies won't cover sober living because they don't account for the risk of multiple people recovering in the same home

I expect the economy to recover quickly under new leadership. 

It seems I am lossing money.:( Is that right? 

Very large out-of-pocket medical expenses are also part of this game.Balance gains and losses on your investments.