Though 29.4% of those in forbearance have continued to stay current on their payments, many have not.Yanling Mayer, Principal Economist at CoreLogic, recently revealed:“A distributional analysis of forborne loans’ payment status reveals that more than one third (39.1%) of all forborne loans are now 150+ days...

If you don’t have sch c, some of the expenses as investors might not be deductible but they can be categorized as sch c business and deducted. 2) he has a real estate professional status and his losses are limited. 

You will need a Statement of Service from your CO, with your full name, SSN, and entry date into Reserves, along with active status. 

The best part is with all the structures are in place you are able to put the profits from the investment back in system 100% tax free and still maintain the non MEC status of the insurance policy.

You'll have a higher shot (especially in sizable markets)  of finding a contractor who is rock solid, but hasn't hit that SEO king status yet OR some other contractor that fits the bill for you.

So if I had REPS status, in this particular case, how much could I deduct if I chose to lump the deduction in one year rather than 27.5?

When you’re looking at these properties (in FL I'm assuming), it should say on the MLS description about the status of the leases for starters.

Your capital gains tax rate can be 0%, 15% or 20% depending on your income and your tax filing status.

It’s more a marital issue.

Please share if claiming the partnership status will have some advantages with recouping the passive losses.Really appreciate some guidance on the topic.