LolHope my food anology  to real estate was helpful.

With all the fees paid and taxes levied on cashing out my IRA, could any of that "loss" offset my capital gain on the sale of my property?

Auction.com is hired by banks to sell assets to highest bidder through quasi on line auctions.in some states LIke Alabama they are actually the criers at the public court house auction.. if not sold there then those assets are brought into the loss mit departments then listed with auction to be sold on line at some point in the future.I like it as they require actual money to buy this stuff as in you need healthy deposits and REAL POF's and you can't assign contracts etc.. so it mitigates competition with the no money wholesalers that are out there by the millions  LOL.. 

Apparently, you are still confused about the net passive loss.  

It creates potential for two-layer taxation and creates tax deductibility issues for losses. 

Definitely good food for thought.  

As stated above, except for any food or drink you happen to order there is no charge to attend.

I think I love food more than passive income so I will definitely try it out!

Though the city needs a lot of work in terms of crime and school, there aren't too many small/mid size cities with the arts, food, nightlife, access to suburbs, lakes, wine region, etc. that Rochester has while having extremely low taxes. 

Spoke to tenant and was told Sept rent should be coming, there was loss of child support, and rent payments will be back on track for Oct 1st.