Our property manager has not seen anything like it and we are at a loss to explain what caused it. 

The shortage is real, and it's only going to get worse before better because we are still at net unit loss on the production levels, labor shortage is an issue but material shortages really hit hard this past year, which are still hitting. 

The current adjusted tax basis of your roof is $370,000.Since you had the cost segregation study performed and can easily identify and support the value of the roof, you are able to take a write off for the loss of the roof (i.e. loss of $370,000).

High crime rates have multiple negative impacts, including job loss.

This year my AGI was over $150k and therefore passive income loss limitations eliminated my ability write off losses from my rentals.

I just reviewed the lease and had forgotten about the risk of loss section.

You can literally secure first-position notes against each property and strip the LLC of virtually all of its value, and not make the payments, and the only viable recourse for the original owner would be taking back the LLC and, if you agreed, suing you personally for the loss of value.

I mean they had a pod cast with Clayton Morris who was the center of 10 million dollars of loss's with a majority of those BP members and he fled to Portugal..

I’d never sell a property for a loss though, eventually it will recover.  

My insurance pays for "rent loss" for 3 of the 4 units but won't pay for the evicted unit even though I have a new tenant ready to move in (although they haven't sign the lease).