This is because the financials of the condo project will directly effect the value of the real estate as a collective, as compared to just your financial health on other types.

The evidence they provide must be from a medical professional licensed in our state and the letter must indicate the medical professional has had more than a one-time tele-health "diagnosis". 

We've been communicating quarterly on the property status, but a simple search on Zillow made me think he's lying to me.

@John Kelly you definitely don't want to move this into an LLC and jeopardize your tax status.

But you have your health and your family....you can replace everything else.

Trustees like Brock and Scott provide details on their open cases and the upset bid status. 10-15 years ago, they had 10X the foreclosure cases. 

They may even pay for the tenant to stay in a hotel until the home is safe again.As for the tenants, I think you've gotten yourself into a pickle by letting this go long enough that they can claim health issues.

At first, you won't be able to offset your W2 income with losses, but it is nice when you sell a property at a profit and all the capital gains are wiped out by losses from other properties.A huge amount of tax savings get unlocked if one of you leaves your W2 job to focus on real estate and you get Real Estate Professional Status (REPS). 

I don't like mixing the two - it can get messy if he stops mowing due to mechanical or health issues, etc.

If you are claiming Real Estate Professioanl Status(REPS), it is important to keep a log of your activities.