Under IRS rules (see IRS Publication 925 on Passive Activity and At-Risk Rules), when you sell a rental property, all suspended passive losses from that property and the rest of your portfolio become deductible in the year of the sale, provided you fully dispose of the activity and it is not exchanged for another property (like in a 1031 exchange).If you have $100K in losses from your entire portfolio, those should be applied to the capital gain from the sale of the property—not just the $50K from the specific property being sold. 

Looking for a 3 bed at minimum (SFH or Townhome) in really any safer part of Houston. 

The CO 1st position mortgage was fully paid off and in 11/2021 I opened a $200K HELOC, Borrow Terms are 5yr draw/15yr payoff at 3.99%.  

That is what banks are going to look at when they lend you money for a mortgage.

Hey all,I’m currently looking at a mixed-use commercial property that includes some SRO (Single Room Occupancy) units, and I’m running into challenges with financing.

Stay the course and look at upping your marketing approach.

Maybe move to 30+ day rentals at that point if it can work.There are a lot of risks.

This deal was financed through Partner Driven’s flexible capital system, which allowed us to acquire the property quickly at $52,000.

A little about me:  I love camping (well, Glamping if I'm being honest - we camp in a Northern Lite RV), mountain biking (which I'm not very good at but I love the challenge), and Star Trek in all it's various iterations. 

What I'm noticing in a lot of areas out here are 2 year old comps that are selling at today's values.📉 Take a look at the $/SF trends by segment for these markets:📈 Here are the Rent/Absorption trends:🤔 So, I’m curious—have you noticed this trend in your area?