If you stopped being angry and actually took the time to READ my response, you would have realized that I said the exact opposite i.e. you are being truthful and that OP should take your post into consideration.The part where I said, "At this stage of the game, you will see many folks flogging the turnkey property dog" and notice how you WERE NOT flogging the turnkey dog courtesy of your bad experiences. 

@Derrick Aragon I sent you a PM, but my questions are in the OP.

The OP's question is pretty much exactly my question. 

On property laundry is a huge luxury for tenants but I've struggled with the idea of coin op in my two family units.

The ones the OP is referencing are likely HUD CWOT assets.

The "investor" the OP was talking about is not the type of person that would even open this thread, let alone reply.

', then show me his taxes;) If the dream (per OP topic) is to pay reasonable, limited, or no tax (legally (I assume) like Trump) then the goal is tax credits or deferrals to offset income. depreciation allowance is untouched.

FWIW the laundry is free, I decided the long time to recover the $1700 or so it would cost for coin ops was not worth the hassle.

OP's question is whether RE investors are causing the next recession.

@Jay Hinrichs  IRC Sec 162  "ordinary and necessary"Depending on OP's risk tolerance and sleep, it might make sense to take advantage of his (I presume) real estate professional tax status and invest in low to no cash flow, high appreciation real estate assets with leverage that will produce a material tax loss.Answer as always: it depends.