Hey guys, I look at the benefit of the LLC as keeping a loss from one from spilling over into other LLCs or your personal finances.

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

Do capital gains offset passive losses that the investor has, so someone really isn't paying a high capital gains tax as they thought? 

If the tenant becomes delinquent and stops paying rent, Rhino will insure their full $1,500 SD plus an additional nominal amount to offset the losses incurred by the landlord.

It wouldn’t be surprising if they were forced to close their doors entirely.I’ve also heard horror stories about lenders backing out of deals at the last minute, leaving clients with significant financial losses and lost opportunities.

I continued paying what I had paid before, with the additional money purely going to principal.The recast to a lower amount was purely to reduce my committed monthly payment to a point that I could get my property to cash flow if I had to move out (job loss, etc).

I don't even think its worth a sub-toSounds like you spoke to collections (who will tell you anything to get money) and not loss mitigation, as paying back due balances are NEVER part of a short sale.

I also had a passive loss for the rental property in 2017.

What he does not know yet is that selling even with a loss, is not going to be easy either.You don't need to make all your money on your first deal.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.