Ah, except they don't.Mortgage servicers, even Chase, pay something for the rights to retain servicing rights for that loan.

Haven't been on here for a while, but here's how it shook out:HML gave me an extension, I switched RE Agents, found a buyer, Angel Investor came in with the cash to finish the project and everyone got their money back (except me, I took the L as punishment so I would never forget my mistakes).

The only exceptions might be when there is damage and you need quotes and time to get it repaired.

The tax law disallows passive losses to be deducted unless there is passive income (small 25k exception for certain taxpayers) For this to work, you have to be nonpassive with respect to your rentals, and rise to the level of material participation.

As most informed investors probably already know from the court system's Coronavirus updates, "Chief Justice Beasley has directed that local courts postpone most cases in district and superior court for at least 30 days, with some exceptions, effective Monday, March 16."

@Jaleh AfroozeUnless you are a real estate professional and operating your rental portfolio as a trade or business with material participation then this exception will not help you.

The CARES Act accelerates this period to 2018 – 2019, with an election by the corporation to recover the AMT credit entirely in 2018.BUSINESS INTEREST EXPENSE LIMIT INCREASEDThe TCJA provided that net business interest is deductible only to the extent of 30% of Adjusted Taxable Income (unless certain exceptions apply).The CARES Act increases this limit to 50% for 2019 and 2020.

The loan amount was below the lenders typical threshold, but they made an exception to help me out.

I don't get anything by recommending Darren either (except street cred).

I have yet to sell anything except for my primary residence in 2016.