I write my goals on a big piece of paper and put them on my desk.

We do tend to have pantry's and lot's of extra soap and toilet paper as we discussed.

They admit that they aren't thrill with the way things have turned out , but they don't want to throw in the towel.

You can't just deem your "paper" worthless and take a tax loss before you have actually realized a loss.

Thanks for the quick response but now I'm mainly trying to look at the terms of a HML and "see" the difference (legally/on paper) between HML and "loan sharks".

I don't know in your state, but here in TN, even if you wife is not involved in the purchase in any way she will have to sign some paper work and her name is on record, just not as owner.

I imagine I'd need to cut checks and have receipts in case an audit came.Someday I imagine I'll have a profit, I'd like to maximize my (paper) losses now...

Close by turning in all the paper work to a title company.6.

I remove all the registers and stuff them with paper.

Then Wrote the address of each of his rentals on a piece of paper and filled it with it's corresponding cut-out mini checks.