My guess is there will be dozens, hundreds, or thousands of case studies to examine a few years down the road to use 20/20 hindsight to evaluate outcomes.On your second question about extending grace vs being tough: that also depends.

Although the legislative history is different, it's helpful in this situation to examine that case law body.I believe the courts today would agree with and implement a functional equivalence test that examines state law, the operating/partnership agreement, and defacto treatment and actions of the member/partner. 

It is important to carefully examine the loan agreement, local laws, and ethical standards.

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

Nonetheless, the rules regarding how losses can be used to offset gains can vary by state, so it's advisable to reach out to a professional tax advisor that can recommend solutions based on careful examination of your situation.

I am already a licensed broker in NY and NJ, but I am ashamed to say I failed the broker's exam in Connecticut a few days ago.

EAs must pass an examination or have sufficient experience as an IRS employee and pass a background check."

Thoroughly research potential properties by examining inspections, financial records, market trends, and legal considerations.

So examine per zip code based on geographical location.

Oh, some of our sources THINK they’ve located those deals, but closer examination either uncovers higher risk, undisclosed negative information, or outright fraud.