No those who took that tac obviously could have done better due diligence so its their own fault basically.

Here are 10 tax tips every homeowner should know:1️⃣ Mortgage Interest Deduction: Deduct interest on loans up to $750K!

You often only have to worry about tax upon the profitable sale of an asset. 

There are some great tax strategies for short-term rentals, but very important to be aware of the personal use rules to make sure 280(A) doesn't become an issue. 

Additionally, I certain that some of us are due some relief as a result of dealing with this terrible organization.

Just curious what is the long term plan as far as minimizing tax in later years as the account in pre-tax become huge?   

Due to the income earned in the landlord account that goes to the benefit of the client, you should cut the check directly from the account through the bank and do as the law says, hand-deliver or certified mail.

I am sure there will be more as I sort through things as a lot of stuff came up and some not so good.There are also a few Xumo TV's which I didn't put in here due to Xumo being a bit of an outlier for streaming.

But you'd still haev the benefit of lots of costs spread across 7 or 15 years vs. 27.5 Work with a tax professinal becuase this is a tricky situation. 

Let time do it's thing over 5-10 years, you can take advantage of the tax benefits in the meantime then 1031 exchange into lower cost, higher yielding markets to achieve those goals.Great thing abotu real estate is if you have the capital you have options and options are always good.