Plus of the 7 times or so Ive went, everything was postponed, everytime.

They are tough at postponing last minute sale dates too.

The deal ended up getting postponed and the very next day, I wired the money back to the lender.For some odd reason, this member happens to question my integrity even though I have proved worthy on all accounts.

I had a full-time job (not in real estate), but since my income was below $100K, the "real estate professional" thing didn't come into play.When I got married in 2012 and our combined income was over $100K, our losses were limited or postponed (because neither one of us could be considered a "real estate professional").  

You may 1031-exchange assets, postponing your capital gains and depreciation recapture indefinitely or even eliminate them permanently if you never sell and leave the wealth to your heirsBesides the benefit of being a passive investor and utilizing other people's experience, one fundamental advantage of syndications is an opportunity to invest in larger assets that an individual or a small group simply cannot afford.

However, just got a call from the seller today saying if I put in an offer for a short sale that they could postpone the sale.

This includes all postponements, sales, and cancellations.

We needed a couple of hours for the wire to clear, so we closed on our new home at 2 PM.The risk is that if anything went wrong with the first closing, we'd  have to postpone the second closing and spend a night in a hotel.  

@Devon Daniels, if you notify the bank right now, and let them know you've made preservation improvements and the value of those improvements, they will probably postpone the foreclosure and redeem right away.

With exception to a few scenarios (1031), a vast majority of buyers can opt not to buy and postpone.