With the Mortgage Forgiveness Debt Relief Act off the shelf id be liable for the forgiven debt if I were to successfully conduct a short sale.My wife and I both work, so with some new lifestyle modifications, we have been able to afford to keep making payments (even with no tenants).

Timeshare Relief is one of the companies that charges you to take your timeshare off your hands.

Now during the crisis the lenders put a moratorium on issuing the 1099C to any owner occ. and many others as they were just over whelmed.. but these as you note that the other person got one.. the banks are now issuing them.what this does is tells the IRS you got debt relief and said amount of debt relief then become ordinary income and you must pay tax on it..

Adding a 3rd bedroom in lower unit is not an option.Top unit: Currently has reliable tenant (couple) paying $1,345/month (this is maxed out in my opinion) This unit has potential to be a 2 bedroom but must be advertised as a 1 bedroom b/c the top attic floor bedroom needs an 'Area of Relief '/fire escape in order to bring it up to code as a 2 BR.

I've seen so many posts on this, but I want more insight.I'm a new investor in Charlotte NC (and surrounding areas), and am wondering what you expect the market to do in the coming months.I know a lot of this will change if there is any additional stimulus, or mortgage relief, etc.  

I look back at it as a great decision.Selling it cut my looses in a declining marketIt was a mental relief to get rid of the problem.

It occured to me yesterday that I had not heard from Airbnb since they announced their "relief" program for Hosts, so I took to social media to search for information. 

http://rew-online.com/2018/04/18/opportunity-zones-offer-capital-gains-tax-relief-to-investors/

Its alright though. my nerves were going crazy and it was a bit of a relief. i realized i wasn't completely ready yet. also i think i may look more into multi family homes for cash flow. it seems to be more of a comfortable process?

Talk about relief.