That still has the 50% use requirement, but can be used to create a tax loss. 

These bananas we planted to far into the shade.  

@Hitanshu ShahDon’t expect to recover losses—it’s usually not worth the time or cost.

If the market goes down you don't take the losses either. 

I would protect myself and cut my losses so I was not looking over my shoulder or getting high blood pressure every time I heard a knock on the door (hoping it is not the FBI showing up to ask you some questions). 

I expect greater than 10% just for the loss of residential F/f financing.at 10% difference, or even 15% difference, coop would be up there with lot splits on sophisticated value add.  

If I had known the numbers they quoted me were total garbage, I could have sold my houses much earlier and saved about $80K in losses.

The money partner leaves $10,000 in the account for any incidentals and we split the profits or the losses 50/50 until we sell in within the next 3 years.

I'm the guy turning 3 shades of green with the verps.

Turn the water heater valve off and see if that stops the pressure loss.