Honestly we would be ok taking a small loss and coming out of pocket for the difference and just consider it like a monthly retirement account contribution.

They're passive losses but I'm tracking my hours to see if I qualify for Real Estate Professional Status. 

Staying at your rental properties may not be so great for tax purposes.You would need to pro-rate some of the costs from deductible to non-deductible.Furthermore, if you stay in the propery for more than 2 weeks, you limit your losses.

In the last three years, I sold off all of my oldest properties, but took the loss and am waiting to re-deploy into syndications (more time for me not being involved) or things I really love.

You keep track of all of your real estate related transactions (date, amount, vendor name, purpose, property identifier) and then create a pivot table from this data to quickly create a rough Profit & Loss Statement.

I don't think investors understand that in many foreclosure situations they are going to lose interest for sure and principal ( very common). the thought that 20 or 25% equity is enough coverage to alleviate a loss does not play out very often in a foreclosure situation.

.🌱 Long-Term Vision: Multifamily investing isn't just about quick wins; it's about long-term growth.

The long-term adverse impacts if this were ever to come to fruition is the loss of jobs, the loss of tax revenue and decreased property values, all of which Bissen has acknowledged.Some owners are attempting to cash out because they don't want to wait.

When all was said and done, he was lucky that he only took a $20,000 loss. 

“I must commend founder Jeff Bezos and company President Robert Meyerson for their vision to create this innovative company, and for choosing to make Alabama its home sweet home,” said Gov.