Then I came across your post which tells the Truth, and yes, I CAN handle the truth, concerning the realities of dealing with people in distress and YES , they want to stay in the Home etc and NO they are not really motivated candidates as the gurus say they are.

The answer to that is typically 90 to 180 days is best, but in reality, you can sell it whenever you need to. 

It looks good on paper, but its not in reality.

Great on paper, poor in reality. 

The reality is that the tax impact and ability to take ANY losses (as Michael mentioned) is based on a number of factors that include whether or not it is a "separate dwelling unit".

Anything can sound real nice on paper but reality is profound.

It's not a one-size-fits-all answer, but hopefully this gives you some food for thought.Whatever path you choose, I'm here rooting for your success.Jasper & PatTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

. - Jasper / Pat AboukhaledTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Of course a seller is free to require whatever conditions he desires… but the reality is that in anything but the rare ultra hot seller’s market requiring “stiffer” qualifications to make an offer will result in a lower price. 

- **Discuss the Property’s Unique Aspects**: Talk about what makes the property special and your appreciation for it, but gently introduce the reality of its market position.### 4.