The pass-through K1 losses that were previously locked due to the passive activity loss (PAL) rules do get unlocked in the year the syndication is dissolved, and there is a K1 marked "final."

If it is passing through you may need Workers Comp. on your business. 

Instead of building someone up, you go through posts and try to tear people down.

That would be greatly appreciated if you could help me find answers to these questions:1- So, when I buy a second mortgage, the first mortgage and taxes stay and they are not paid through the surplus.

If you are in need of more money I do have another lender I can connect you with.There are some hoops you may have to jump through as a foreign investor.

We also through a group I am in Called gobundance they created a “one sheet” which is like your baseball card - you can track your net worth on it as well as personal and professional goals for the year.

We have had 3 offer a that we accepted. 1st one the buyer financing fell through, second and third they back out.

I wouldn't love it if that happened, but I could do it.I called up these same lenders and asked to go through any notes for sale.

Most buy homes or look to soon after they get here so they are probably not your target renter.SLT is hard (but possible) to build in they are allowing ADUs if you can jump through the red tape of permitting.

What a shame- I'm sorry you're going through that.