Still, defaulting to Safe Harbor results in many business owners missing huge tax deductions and/or unnecessarily over-contributing to employees. 

Hopefully you have a contract and can follow the terms of the contract. get an attorney, give them notice they are behind schedule and place them in default. you need to terminate them the proper way to make sure they do not come back after you for additional costs.

Typically, when funds acquire loans, they assume delinquency/default risk in exchange for earning a yield on their investment.Yet this would work differently – it’s a request to purchase debt alongside a corresponding put option/insurance policy.From the buyer’s perspective, as long as the seller remains solvent, with sufficient liquidity for any exercised options, it’s a risk-free investment.

The buyer can add a performance deed to the transaction which basically states that if the buyer defaults on the loan, the property is transferred back to the seller without a long and costly foreclosure process. 

Unfortunately one of my tenants defaulted in March'24.

I am posting this on behalf of my mom, who is in pretty desperate need of some help. My mom owns some land on the Nebraska/Colorado border. There are windmill blades from Colorado being stored on her land in Colorado....

Data is still limited on rent collection, late payments, and defaults. 

After digging alot I found out Yellowfin has been suing to recover 2nd mortgage defaults from 2007-2009 housing crisis.

So 30k in interest payments on a primary would only net most people an $800 tax deduction since they would have already got the standard deduction by default, where as 30k in rental interest would translate into 30k in deductions.This means that for an awful lot of people, they effectively don't get to deduct the interest on their primary.Keeping the loan on your rentals, while getting rid of the loan on your primary also helps from an asset protection side of things. 

I'd say try whatever can work, try different lists (absentee, notice of default, pre-foreclosure, old Expired, FSBO that looks run down, etc), get 1K numbers at a time, call 2-3 times and shelve it for at least 1 month a get new ones.