So you first wipe out your passive income and then dip into negative by $25k. 2.

A few years later a divorce attorneycame by, pierced the veil of my corporation and wiped me out.

If you can qualify for the short term rental loophole or real estate professional, you can use depreciation via cost segregation to wipe out a large portion of your tax bill.

There're lot of family that rather renting as long as their kid is within this school district.and here's another story, this is a condo that was 1.2 mil in 2016 and recently sold for 600k-ish in best location in the world (for the homeless lol) :https://www.redfin.com/CA/San-Francisco/1075-Market-St-94103... so yea, school district and local gov. has huge impact of condo appreciation (and de-appreciation) lol also if on want sample of condo complex that the HOA is simply broken and the homeowner is basically wiped out, there're bunch of them in Concord. 

The HOA can wipe out the mortgage, but usually the servicer jumps in and pays the HOA.

The tips I got from the inspector was to make sure you wipe down the window sils and similar things in the home.

My wife and I are in our late 30s, we have a 2 year old son and are about to welcome a new baby.

This is my first post on any forum, quick run down on my situation-I’m 28, married with a 9 month old baby.

If the project goes bad and the first position lender forecloses, you will almost certainly get wiped out.

This doesn’t mean you’re wiped out (unless you invest in seconds).