If it stays status quo, I'm fine too. 

If you are making more than $150,000, your rental loss, if considered passive, will be suspended and carried forward unless you can claim real estate professional status.

This strategy, if combo with REPS (real estate profession status) basically checkbox on your taxes is key to canceling out full-time W2 employment.If this is new to you... 

While I understand that some individuals utilize LLCs for anonymity, my primary goal is to prevent these properties from falling into disrepair or becoming abandoned assets in the city.Would it be appropriate to contact these lawyers to discuss the status of their clients' properties?

Anyways, my position got “paused”  and now I am being ignored about what the status of our flip is.

We were okay with paying a bit extra for something we love, but with the added complications of the undisclosed claim and the high insurance premium due to the property being in a high-risk status, it’s become a concerning situation.

One last thing – we recommended you create a Status column on your spreadsheet, now we’ll explain why.

I also made it clear that he is responsible for any damages caused by the dog, and its status as a service/support animal does not exempt him from paying for property damage or cleaning fees for messes that are above the normal wear-and-tear. 

Disclaimer - I am not an CPA or attorney but I became financially free doing this for myself after 10 years working as a w2 engineer :( and I am sick and tired of seeing highly educated and hard working professionals getting stuck in the rat race because we deserve financial freedom and the option to do more with it.If you are able to implement a real estate professional status tax strategy (REP) you can use passive losses from syndication deals to lower your ordinary W2 income.

This is not intended to be a discussion about the options for investment, rather how to conduct real estate settlements in non fiat currency.It is (or should be) evident by now that the status of the USD as the world's reserve currency (or at least our exorbitant privilege) will continue to be marginalized in the coming years (and decades) and that investors are factoring in elevated risks of currency inflation and debasement into and onto their portfolios.