I guess I’m loss.

Additionally, strong tax planning is essential, as your W2 income limits your ability to deduct passive losses.

There are also other new construction homes on our street facing the same issue.So, I’m kind of stuck with this property, which is why I’m exploring ways to cut my losses and exit cleanly.

The older the home the more difficult (and therefore expensive) it's likely to be to restore a home to pre-loss condition2.

Please keep us posted as you and so many in SoCal are experiencing genuine hardship (whether it's the loss of a home, belongings, jobs, etc.).

There is a legit chance of a loss of initial investment.  

Would you have net income or net loss without the cost seg study?

You can expect turnover costs, losses due to vacancies, and other expenses.

You don't mention if that's the case, but I thought I'd bring it up.You also won't be able to recognize any loss on the sale if that's the case.

Jay,You mentioned total loss on syndication deals.