“Previously, if a married couple had depreciation deductions that exceeded their real estate business income, the couple could claim that "loss" to write off taxes on a maximum of $500,000 in income from other sources, like wages from a day job.Under the change, our rich taxpayer couple -- and this applies only for individuals, not corporations -- can now deduct an unlimited amount of "excess losses" in real estate against income from other sources.

They are referring to the excess business loss limitations under 461(l) which was encacted under the tax cuts and jobs act.

., business losses in excess of business income).

Here’s the update:We are reducing service fees to $999/loan for our Pro customers effective April 1st.We will rebate any fees collected over the past week in excess of that amount back to you as a credit on your next loan.

Any extra or potentially excess fees?

This is referring to “excess business losses” which is the concept of limiting losses in any one business to 500k (MFJ) in any given year to offset other income.Real estate is the major industry benefiting from this because of depreciation increasing paper “losses”.

Ratio is skewed at the moment as I been dropping excess cash into the markets to take advantage of cheap index shares.

If you simply say, I am going to not touch my account until it has $20k in it, that should go a long way, and after that you can reinvest or spend or whatever excess as you wish.

  $600 for a 20 minute tour of a house and 2 hours of works is excessive.  

I did reach out to all with a stay safe letter to advise all to let everyone to follow social distancing guidelines, to not hold any group parties at the property, to be mindful of excessive internet usage (that work at home is a necessity but binge watching shows around the clock is not), and to let me know if they have any maintenance requests because if and when our city or state (FL) implements a stay at home order I will switch to emergency service only mode.My thinking on this rent issue is a two tiered strategy.