@Greg KendallYou start calculating the holding period the day that you purchase the property.

On average I would bet these ibuyers offer 20% or more above the wholesalers.

I I use a future value calculator to determine my offer price based on my annualized yield requirements.

You were not able to take any of the losses because your income was above $150,000.in 2017 - you have 7,000 of suspended losses and $1000 of loss generated in 2017.You sell the property for $125,000 and your adjusted basis is 78,400(21,600 of accumulated depreciation).You calculate 46,600 of gain but you are entitled to report the $8000 of losses on schedule E.Let me know if you have any questions.

+1...fish through BP, bet you'll be surprised at how many people from your market post here.

View report*This link comes directly from our calculators, based on information input by the member who posted.

If you need more details please let me know.View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.

I would simply respond that per their email dated X  stating they did not wish to continue their lease, you relisted and rerented the unit and them staying is not an option, you expect them out  by May 31, please call/text when the unit is  completely empty and cleaned, so you can perform your final walkthrough so you can calculate the amount of security deposit they will be refunded.

Look up on youtube how to calculate numbers on rental property on youtube.