We at {our company} are thankfully still healthy but we have already had three tenants report job loss and several others who have experienced reductions in work hours.We want you all to know that we will work with any tenants who find themselves unemployed as a result of the Covid-19 (Coronavirus) disease and (God forbid) any tenants who should contract the disease and must self-quarantine or be hospitalized without adequate income to cover their rent.

In an ideal world I would also be closing on slam dunk BRRRRs, but it just isn't feasible with my criteria and market(Miami) at the moment.

I've been getting a little bummed because it seems like in oahu that's not feasible without a huge down payment.

In the area we invest we know the state/towns are can be counted on to catch tenants up for 1-2 months per year if they fall behind due to job loss or similar situations.

If there is an existing title problem, buying title insurance after closing isn’t the solution ... that loss would be excluded from coverage.

I found a good discussion on Loss to Lease and how it is calculated for multifamily projects.

{I am using H&R Block Premium desktop version} I mean, I do have carryover losses and carryover AMT from prior years, but how can increased rental EXPENSES worsen tax benefits?

The tenants seem to like it, and it allows for bank account and credit card payments.Then I use Quickbooks online to sort every house out individually and give me my profit / loss for each house broken out individually.

I agree I think I'm going to dig my heels and if not take the 2k loss.

A loss of 53% over the course of a year and a half.