...And who said teachers don't get any good benefits?!

The K1 has all of the profit listed on line 1 as ordinary business income and does not seem to reflect long term cap gain tax benefits. 

Perhaps someone with experience could give some guidance.Deal facts:I own 2BR/2BA condo in San Diego, CA 92130Bought it in 2003 for $346k at the peak of the marketCurrent estimated value $400k - $420k Current loan balance $300kCurrent P&I payment $1745.53 at APR 5.25% - 30yr fixed (I know that 5.25% is way too high today)Annual tax - 4,450 ($370 mo) HOA - 285 (mo)Current rent - $1900I am about $600+ in the hole per month on this property and the only benefits i realize now are the potential long-term appreciation in value and tax write off in the form of annual depreciation and losses.Looking at several options now:1. 

Then, he/she will be able to help you construct a plan that will enable you to reach your short-term goals and reap the benefits needed for the proceeds and resources that your long-term goals will require.

The third benefit that I would be able to see is that we could increase the rent to gross 100K.  

Whats are the benefits of having a pro account?

Then, he/she will be able to help you construct a plan that will enable you to reach your short-term goals and reap the benefits needed for the proceeds and resources that your long-term goals will require.  

Additionally, while there are certain penalties under the LURA for failure to comply, the tax credit benefits and penalties to the actual investors has past.

I would not go for a master lease without an option, unless the lease term was long enough for you to capture the cash flow benefits of all your improvements.

I had an inherited tenant that was receiving benefits from the GI Forum bill and was approved to transition to the HUD-VASH program.