With this fact pattern, its tough contemplating losing maybe up to 20% of my initial capital in load charges to sell and buy just to effectively annuitize what I have. 

Also if that someone does miss something that's discovered during an audit, they get fined and not me (obviously a pattern will result in a severed relationship, so I keep everything compliant to the best of my ability so that final QC/compliance package is a slow ball I'm pitching their way that they can knock out of the park).

Usually, after looking at a bunch, you'll start to see patterns that you can follow.

But the guys installing our marble counter tops cracked the ceramic glass top & it took a month to get a ($980) replacement shipped in.

Hi Everyone -I am looking for a good counter top dealer (i.e Quartz, Marble, Granite) in the North Jersey area (perhaps in Newark?).

She saw patterns that raised red flags when I would have never known they were red flags until I had gotten burned a few times.

And four total shows a pattern of disrespecting the law. 

There is no pattern or bad behavior.   

@Joseph PuglieseIf your business is accrual basis and previously accrued the revenue and included it in taxable income, yes you could write off the bad debts.If cash basis, you don't get to write off revenue you never received as you never were taxed on it in the first place.There are extremely limited exceptions to this, particularly if you're cash basis and recognized the revenue under constructive receipt, however I suspect your fact pattern is not that complicated.You can deduct your normal operating expenses of the rental.Your CPA is best equipped to help you deal with this.

But a foreclosure, two bankruptcies show a very clear pattern of not paying debt or obligations, which means when you don’t get rent and they stiff you’, you’ll never see that money.Hard pass.