Well now year 1 has an extra deduction of $800 ($2,000 total) causing tax to go down that year.

HE HAS CAUSED PROFESSIONAL AND FINANCIAL DAMAGE TO ME!! 

@Robert Morris it can work - until it doesn't via a lawsuit.Challenges:1) They are NOT professionals2) They are not licensed, so may cause you legal headaches3) They won't have insurance, so what happens when their actions lead to a lawsuit?

To do it safely its a niche and one needs to be aware of all the things that can trap you and cause you a negative experience..

I ordered a title report, but the back-to-back hurricanes have caused delays.

A nonpaying tenant, tenant caused damage, etc. 7.

We have a small rental property that had a tub drain leak causing extensive damage to the floor/subfloor.

I can see paying a mentor a couple thousand cause they’ve done it before….

I see too many of these pull a rabbit out of a hat deals that just cause you more trouble and headaches down the road. 

If left untreated, could cause more issues down the line.