The 3 ft  chalk markers were still visible  on the walls and one of the prospective buyers asked what the chalk marks signified.

This determines instantly if a lender will touch it.Another factor: STR financing is getting harder to come by (at least in the DSCR space). 25% of the industry used to lend on STR's, now it's less than 10%.And it being a condo, expect anywhere from 15-25 bps added to the rate.

So, they didn't realize they essentially purchased land that is completely worthless beyond just serving as a green space. 

Mark Faulkner

Mark

Before final K1 they just get carry forward.Since they are now allowed, they go to sch1 line5 (from schE line 41) and now they can offset active incomeI understand that the suspended losses get released and become “allowed” when the K-1 is marked final.

I am in the MHP space and have yet to do this but there are a lot of owners doing this.

We're continuously seeking opportunities to meet and collaborate with like-minded professionals equally dedicated to the real estate space

My guess is you and I agree that in the "mom and pop" space (1 to around 50 units) there are deals to be found regardless of timing.What @Deshen Tang is referring to in his comment here is my decision to sell 3,000 of my 4,000 apartment units 3 years ago, just months before the market for commercial multifamily collapsed and prices fell 30-40 percent. 

That’s why I’ve decided to dive into the real estate investment (REI) space now, rather than waiting until after graduation.Currently, I’m studying for my real estate agent license in New Jersey, which is my home state.