Property was originally listed for $1.2mm this past year they’ve done multiple price decreases to $699k.

Would like to hire more daily workers to decrease time.

We keep making those lists for the biggest rent decreases, highest vacancy, etc.

HI @Jimmy RojasYou have to show 2 years of taxable income to the IRS.

Meaning you get 4-5X the depreciation to defer your income from being taxable.

If the way to increase the selling value of a MFH is to increase NOI by increasing income or decreasing expenses; why are the majority of sellers putting their properties on the market with under market rent?  

Disallowed losses under wash sale rules increase the cost basis of replacement securities, potentially reducing future taxable gains.This post does not create a CPA-Client relationship.

Did you have taxable income that could’ve been reduced utilizing tax strategies?

This would allow you to access some cash for other purposes ( Tax Free) because a refinance is not a taxable event.

The value of the property and how it’s distributed relative to ownership stakes will determine whether it counts as a taxable event, I believe(I’m not a CPA or attorney).