The City declares your neighborhood "blighted" and begins to tear down houses.

If your situation is such that they are peculiar and there will be rental income next year, you can carry them forward and deduct them then without declaring professional status.  

They were not worried about the banks calling loans or declaring bankruptcy or trying to refinance a balloon.  

The home insurance company says they'll sell me a landlord's policy on the sale date that should cover major damage (I verified this information three times and am going to their office to review the policy declarations), but I can't begin to think about how much to budget if they don't cover something, like a crack in the slab (2300 sq ft trilevel), if the well needs to be redrilled, or if the occupant pours concrete down the drains.

I value education because it is more than just a piece of paper you get.It is the ambition the discipline, it is aiming high, and your mind is like any other muscle. you need to exercise it for it to grow bigger and stronger.Hell I am crushing it in my market BECAUSE I am a NASA caliber robotics scientist.I became a master at SEO because I see numbers.

I used to really chart these 4 benefits and it caused me to write a complete chapter on 2 of the 4, C&D.I also learned a couple other things: Your home is about the only thing you get to declare interest paid and about the ONLY place you can avoid capital gains every couple years and make a killing...Good luck digesting the above.

Second, our tenants declared bankruptcy and we were prohibited from any contact with the residents for about two months. 

If you have the ability to declare different part time residences( I have Casa Grando, AZ, Weslaco,TX, Cancun, MX, and Ft.

Country has an unsurmoutable hill to climb with the debt and only 3 choices.1. declare BK2. reduce spending3. raise taxes     Unfortunately, only # 1 will solve the crisis, imo. and they'll never do # 2 (that is their power) so that leaves only # 3.

What software do you use and show me what my online portal looks like and what information I'll be able to access.Let me see a copy of your Professional liability, E & O and GL Declarations page.Let me see a copy of your real estate license.and the list goes on......