According to press release found on the web, it was a 2021 purchase...so that's a huge loss over just 2 years.https://www.westernwealthcapital.com/western-wealth-capital-...For those looking to learn, can you share why they were forced to sell so soon?

Costs of set up of Trust, Costs to attorney to set up note, monthly costs to service the mortgage.Just my guess.My thoughts are if you have reached the level of a trade or business, then yes, these costs would be deductible.

Face it, it costs money to run a government and provide services, and have reserve capacities on standby to do things.

However, can you imagine how many service requests would come in for silly stuff related to printers?

With the VA loan you can transfer it to another service member or veteran and they get to keep the same interest rate, but they would have to come up with the remaining balance (~$235,000).

Rent out a unit and live for the remaining year, likely paying oop for a portion of debt service or operating expenses• Holding costs have been recouped, then save remaining funds, after my oop costs, for remainder of the year or until desired saving fund reached7.

@Travis Timmons the issue isn't being of value/service.

First off, thank you for your service. 

The STR Loophole (materially participate & less than 7 day rental) vs. providing substantial services.  

If its under water Also who was servicing the loan and what state is it in.