I made the mistake of letting someone get in one of my first units that was a bit off the 3 times, they were great tenants very kind and enjoyed their stay and experience with me, but could not afford it when I increased the rent on them, which is something you will have to do because of rising insurance/tax costs.5.)

Additionally, the property includes an outdoor swimming pool.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

These logs regularly end up in the Tax Court and are usually destroyed upon review.

My wife and I have business income and our accountant can divide the income according to what would be the best for reducing tax liability.  

You will realize the loss for tax purposes when you sell the security, which it sounds like will happen in 2025.

Hence the lot on which the house resided was taxed at a 45% discount based on actual value, while the tennis lot was taxed at about 4 times what it should have been by value. 

if it is unsecured loan that is the consequence, you lose they entire thing. as far as tax write off, sorry but none.

In Michigan, the ultimate garnishment is state tax refunds (federal cannot be garnished).Not seeing how you are going to successfully do this on your own - remotely:(

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

That is a very good metric to use but commonly landlords make the mistake of using NET income when it should be GROSS (before tax) income.