Your ability to offset ordinary income with passive losses is often touted as a benefit, especially by those hawking junk deals, but is in fact very limited.Just like playing a slot machine, its entirely possible to set down and play a few minutes and win a nice jackpot.

i like this part of real estate that makes me feel like i'm in a chess tournament, or something.

Additionally I noticed that the lock on the machine was broken and the tenants were over-riding the coin slot and turning the machine manually.

@Yasir LillingstonLook up Ed Slot CPA who has large network of IRA CPAs all over the country.

Unless there is a $amount in the slot, it has no significance.TAR does show some options in the lease, but they must be marked or filled-in to be in effect.notice interval, late fee structure, lawn care, etc. are all sections with options for who does what, timing, cost, etc.

My wife is a corporate mucky-muck with a Trust Company and not only was me being gone so much a strain on her, but I wanted to be here for my kid’s baseball games, soccer game, volleyball tournaments etc., so I jumped out in 2012.

In my view this is what HML lenders do all day long so it's just talking to a few lenders to find one who'll back you and the deal.My view is that due to the popularity of building parks in the 60's and 70's and the now age of the founder is quite advanced, there;'s lots of dilapidated parks all over the country in this or nearly this bad a shape.  

I'm planning to jump in evenings & weekends when I have most of my empty time slots, starting with tonight.

Removing enough wall to see and then can cut a small slot to follow it. 

Or just drop the letter in the mail box/slot if there is on.Good luck!