You spend more time involved in the real estate trade or business than any other operations.The losses will accrue until the year in which you sell the property allowing you to take advantage of the losses that will hopefully offset a gain on the sale.Charles Haas,1.

Out of curiosity, how many times are you going to rehash this topic?

I only ask out of curiosity because my sister (with 9 rental properties) is there.She hates landlording and is ready to dump some or all of the properties.My thought is she grew pretty quickly and she's NEVER had a property manager.

In an action by the landlord which includes a claim for possession of real property, the tenant shall pay into the court registry the amount alleged in the complaint as unpaid, or if such amount is contested, such amount as is determined by the court, and any rent accruing during the pendency of the action, when due, unless the tenant has interposed the defense of payment or satisfaction of the rent in the amount the complaint alleges as unpaid.

Just out of curiosity, where in Madison are 2BRs renting for $1,500?

I plan on seeking a judgement for the lost rent and late fees that accrued during his tenancy, which, after the security deposit is just under $5,000.  

Just out of curiosity, does Scott Smith recommend that people conduct active business (e.g. wholesaling, property management, and flipping) underneath the same Series LLCs that buys and holds rentals? 

Just out of curiosity, which came first, the apartment or the job?

I personally don't market (or not) to any particular group so it's more of an intellectual curiosity to me.  

Pure curiosity: why would you pay to put this money in escrow?