Quote from @Christopher Stevens: Investment Info:Single-family residence buy & hold investment.

If they have a 100 unit property and 5 units are eviction candidates, they can leverage and hold out a bit since the other 95 units are performing.

Investment Info:Condo buy & hold investment.

Then, in April last year, my husband and I started a business, and I temporarily put both of those on hold while taking care of my dad.

As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name.

In my personal opinion, I think the return of 100% bonus (or at least expanding 179 a bit) is somewhat likely with the new administration, so it might be worth it to you to hold off on doing anything until things look a little bit more concrete.

It might have been bound but many insurance companies have put those new policies on hold if the purchase has not happened due to the disaster and letting the mortgagee(lender) know that the policy is on hold.

  :)   Just kidding of course.Call the IRS business line 800-829-4933, put it on speaker and do something while holding for an hour.

what really needs to be reviewed is why is it not going well and what is the plan - its very different plan when you cut distributions and do a capital call  to hold $4M to lower your debt obligation to allow for a refinnance compared to needing a capital call because you are only at 80% occupancy and anticpated 95%, rents are 50 cents a square foot less than you wanted and expenses are 25% higher....

It can certainly be done, but I'd recommend having a solid contractor on your team and holding a fair amount in reserves.