Most will ignore me, and that's fine...some will succeed, and some will get wiped out, but at least I can sleep at night knowing that I did what I could.I've bought hundreds of homes at auction, and one in a hundred results in a huge loss for one reason or another.

Their LLC membership can distribute capital gains, losses, and equity however they want, possibly based on their taxation considerations, without regard to you or your investment.

I'm not sure if it's pertinent or not but I do have a covered loss on my policy as well.

I decide its best to cut my losses now because I'm not going to be able to fix this issue to his desire and give them a 30 day notice to vacate.

Hello Everyone,I'm a new investor (under 2 years). I have never posted and truthfully forgot about this great site. I thought I would check it out and see what you all think of my situation.I bought my first property ...

Banks are smart and they know the tax loss does not mean you have an actual loss.

When a tax lien certificate is lost or destroyed, the holder of the tax lien certificate may file a notarized affidavit with the tax collecting official attesting to the loss of the certificate.

I have a cash loss over the 3 years of 30K but then have an end profit of 150K, so 120K net.I then use that to pay cash for my next rental.Think outside the box and never get locked in to having to make a deal conform to somebody else's idea of what is "correct" investing!

- I've been told that the first 1-2 years with vacation homes in Orlando you can expect to break even or take a loss due to the amount of competition and lack of your property having any sort of track record- Do you buy brand new vacation homes or properties?

Federal taxes, you're allowed to deduct $25,000 of passive real estate losses against your active income eg w2 income that you actively participate.