That either means that the price is set above the apartment supply/demand equilibrium price (i.e. no impact on rental demand for apartments), or that SFH supply will meet the apartment demand shortage (so there's no deadweight loss).My guess is that the things your prof brings up in discussing the risks of price control (black market, shortages, queues,limits to government ability to predict demand, etc...) won't be too much different than posters here bring up.

Hi Marzel,So sorry for your loss.

Talk to your tax CPA/EA about that.Leaning toward capitalize, but there are other facts left out which affect the decision.If the original deck is still being depreciated, there may be an opportunity to take a portion of the remaining adjusted tax basis as a loss.

He sold the property and cut his losses.

@Russell Brazil@Steve Babiak@Steve Vaughan@Joe Splitrock@John Thedford@Will Barnardspread it around.. this is just crazy what these guys do .. between this and hacked wire instructions i bet the loss's to americans is in the Billions.. not just the millions.

Your first goal in both scenarios is to mitigate your losses, so make sure you are making progress on your insurance claim and handling the rebuild.

My preference would be to get rid of him  as quickly as possible and suck up the loss if it sits vacant for a while.

Second thoughts, it seems the PM should be covered some amount for loss of rent as well...

At the end of every year, you receive a Schedule K-1 every spring for your taxes, which shows the income and losses for that property.

I am in the process of buying a condo as a primary residence, and in my conversation with my insurance agent about loss coverage, I had no idea what level of coverage to assume.