This is for tenant occupied or turnkey properties that I want to cashflow, not hold for losses, deductions, or depreciation to offset taxes.

Flip 2, didn’t sell and our JV investor ended up taking it on as a multi-family so that we wouldn’t sell at a loss.

Have you been to Fuel and Iron Food Hall?

You're asking for the bank for a "freebie" at their expense, which is really at everybody else's expense because the banks make up for their losses by raising fees and interest rates.Is your parent's home large enough so that they can rent out a room to somebody?

Can i purchase land and offset the mortgage payment against it as passive loss and wait for real estate prices to go up and hold the property.

Also I am in Hays county in Texas.Pre-foreclosure is the time between your notice of default and the loss of of the property.The terms are interchangeable as someone will say they are in foreclosure, which others call pre-foreclosure.

- You should run your profit and loss numbers assuming a property management company. 

So, after paying off the mortgage,  would net $58k (and wouldn't pay capital gains taxes as I have so many losses from previous years).

Logistics, Trades, and Fast Food.

Given I am claiming losses in excess of $25,000, it's important I have detailed logs of daily activity.