I believe in practice it does not actually offset the capital gains but reduces my taxable income dollar for dollar with the loss, as long as my Modified Adjusted Gross Income (MAGI) is under $150K.

Educate yourself and practice it.

This depends on your state and local laws.

Offering to cover closing costs or agreeing to post-inspection repairs are becoming standard practices.

You need to search for properties near your subject property deal that look like and have the same size as your end result aka a comp aka a comparable.Any quality agent can run your comparable market analysis (CMA), and over time, with practice, you can run your own comps. 

Nevada law requires that only convicted sex offenders get registered. 

That way when we have time off we actually have somewhere to go instead of staying with family or in-laws.

Brandon writes about this in his book and a lot of investors preach it, but cash-for-keys is a terrible practice that should only be used as a last resort.

It involves the fact that the taxing authority and the law firm that they have contracted with to handle the tax suits just do not identify all of the owners who are entitled to be notified that the property is being foreclosed on.Tax sales are usually a mess.The tax deed itself even says that it does not even claim that the property exists, as well as not guaranteeing that you are receiving title.The only way you can be safe is to have a title company do a title search for you.I hope this helps.Good Luck.Michael Lantrip.

I would think this is a common practice that lenders perform, but if not....message me.