So you're not completely anonymous.

Instead of selling the home, you could continue to rent it at market prices either to the seller or a new tenant once the initial lease was complete.

Generally, a loss can only be claimed in the tax year when the investment becomes completely worthless or when there is a final determination that no further value will be recovered.If the REIT has officially liquidated, been declared insolvent, or issued a final report confirming that no additional distributions will be made, you may be able to claim the loss on your 2024 tax return.

If you are exploring Memphis as a potential market to complete your first BRRRR, I'd be happy to connect you with my amazing GC with Triumph Construction.

Fortune 500 headquartered companies always help.You can find a dozen or more markets, primarily in the Mid-South and Rust Belt, that will meet these criteria. 

This company completely falsified any work or outcomes.

Looking for one on a high end property in Abilene that needs to be completed.  

CoghillWe’ve used AppFolio for many years to manage a large portfolio, and while onboarding can be thorough, it’s primarily to ensure compliance with financial and legal standards.

Once you complete and rent/stabilize, you should easily be able to get into a DSCR loan.

Hindsight and a few decades of experience has taught me that with a good lawyer I would have been in the clear completely.