The unallowed losses tracked on the federal will be carried over to both the federal and state level in the future.

Tenant got in their face screaming and carrying on. 

Then it is carried thru the call capture finally resting with your ability to get a contract signed.Anyone ever hear the 3 cycles of business1) Lead Generation2) Lead Capture3) Lead fulfillmentAint rocket science

This means you could potentially pay off up to $135,000 in credit line debt.Example Scenario:If you have 9 credit lines, each carrying debt, this refinancing option would allow you to pay off up to $15,000 on each line.

Combine that with a very steep carried interest and I don't care if this is the deal of the century, because if it was, they would not be so fee heavy and rely more on carried interest.Personally, seeing a lot of underperformance in syndications, I do tend to see an inverse correlation between upfront fees and overall performance.  

People who witnessed the report being filed said she came in screaming and yelling and carrying on.

Cash flow is the name of the game when it comes to controlling the asset so you are right it really doesn't matter whether the value goes up or down as long as you can carry it. 

They carry insurance for EXACTLY this sort of thing where their mistakes cost their clients.

For educational purposes and future planning, is there a downside to having a large net operating loss carrying over into future years?

If the seller has an existing mortgage, you can purchase the property on contract, but this option carries more risk since you won't hold the title.Hope this helps.