In this case my dad operates a trucking business that the past couple of years reports a net (phantom) loss which makes it difficult for him to appear capable enough of meeting the financial responsibility of paying his debt service.

Then would you sell at a loss or ride it out with 0 cashflow?

Also, can passive activity losses from another activity like a restaurant partnership be used to offset passive gains from rental income?

CLUE stands for (comprehensive loss underwriting exchange) for the readers who do not know about it.CLUE can follow a person or the property.

Do you share in the losses if there is a loss?

To get there, I'll have to unload the SF we have out of state and just walk away from the loss - it will still free up a chunk of cash.

Does anyone know if you had form 8582 for passive losses when irs Is accepting these returns?

., if a seller owns the property outright, he would, very naturally, want to sell it as close to fair market value as possible and, thus, unwilling to take a loss unless they were motivated?

My post warning about the site is not a blanket no against the program, just a warning and my opinion that making any investment with anybody or company without collateral is risky in my opinion and would not want to see anyone here take a loss without being warned.If this program could offer the investor collateral rather than all funds remaining unsecured, I would say it is a great thing.

A slower recovery, especially when hindered by drafts/excessive heat loss, can double that temp drop before the upward swing back up to satisfy thermostat.