Disallowed losses under wash sale rules increase the cost basis of replacement securities, potentially reducing future taxable gains.This post does not create a CPA-Client relationship.

https://natlawreview.com/article/texas-federal-court-issues-nationwide-injunction-against-enforcement-corporate

My questions are;Do I have to take expenses as a deduction in a year in which they occurred even if I do not get income until the following year  I have other rental property, but my taxable income on them after expenses is only gonna be about $5000 So is there anyway to roll over expenses to the next year since I cannot deduct the remaining 15,000 and expenses against my W-2 income?

2) wouldn't the interest be taxable to seller?

I have dabbled in real estate, but never heard of brrrr before now, and transparently never did much research outside of knowing that property ownership was a way to reduce my taxable income. 

I serve on committees when able, and generally be understanding that a program aligned with our federal HUD is going to have it's inefficiencies.

The value of the property and how it’s distributed relative to ownership stakes will determine whether it counts as a taxable event, I believe(I’m not a CPA or attorney). 

Dollars are not inflationary because you can subdivide into cents they are inflationary because the federal reserve prints unlimited amounts whenever there is a recession which dilutes your buying power.

County, State and Federal rights supersede the craziness that some random liberal city council & Obama impersonator try to pull. 

These loans do come from banks directly (Fannie/Freddie loans come from the Federal Government) so each bank that offers these types of mortgages might have slightly different requirements.