However, they aren’t responsible for losses, debts, or costs—these remain the property owner’s responsibility.

I have my vision board directly across from my desk in my office and I see it everyday, all day.

Although we do have deals on the lending side that dont work but we are not forced into a position to take big loss's like we were when the banks were calling our loans.. this will happen in the DSCR world as all these folks are using same type of debt IE debt that can be called based on the terms of the debt or like you have seen with the syndicators that are talked about on BP max leverage bad debt things dont go right And you have cap calls or projects totally lost. 

The main drivers1) Local Inventory2) 10 year treasury(macro)3) Personal Debt levels(macro)4) Real Unemployment(not the unemployment number but real white collar job loss ratio'd to part time jobs). 5) Industry proliferation(can't tell me a tech or finance hub moves like a health hub).To tell me #2 will derive from the same inputs as it did in Sep/Oct, I'm willing to bet it won't.

JulianTurning investment visions into REALITY in Omaha, NE - Ranked as the #1 City to move to by Forbes Magazine.

Hopefully you sell if for enough to be able to walk away without a loss.

See the attached breakdown of losses for more details.

If you qualify, you can use passive losses, like those from depreciation, to offset your active income.

Talk to your tax advisor about how to release your passive activity losses based on your situation.This post does not create a CPA-Client relationship.

Partner with investors, wholesalers, and real estate agents who align with your vision and values.