At that point, some or all of your accumulated losses may be deductible in that year. 

I learned what banks to go to and what to not go to.There are many other things that I am sure that I am missing, but it was a wild ride with many tears (literally made a grown @$$ man cry).To end on a good note, the sale made me basically break even with about $1000 extra to pay off some credit card debt that was accumulated.

With time and looking for the right deal you can find homes that have a little bit of equity and with a little bit of forced appreciation you can accumulate the 20% needed to refinance.

If the property looks neglected, try to talk to the code enforcement division to see if there are any code violations which may be accumulating daily fines.

Hello,I've been able to accumulate a list of contractors, handymen, and real estate attorneys in the area, but was hoping I could get recommendations from investors that have actually worked with/are working with someone in the area and had a good experience. 

As a reservist in the Air Force you don't get VA benefits unless one of these three conditions are met. (1) You have allotted 6 years in the service as a reservist (2) you have been on active orders for 90+ days consecutively (3) {Correct me if mistaken} Accumulate 2 years of active duty time. those are my 3 options and I'm opting for the #2 option 90+ consecutive days of active duty time.

As you accumulate wealth you will probably move to large, more expensive properties that provide a greater return on your time.  

A lot of decision goes into strategy.....cash flow vs long term wealth accumulation.

Also the acreage you accumulate will be a great way to find unique properties to develop and to explore the great outdoors!

Sold in 1975 with enough capital accumulated for a down payment on a 50% interest in a 12 unit apartment building.