The neighbor was understandably upset so I’m going to wait for him to let me know the damage.I was looking through my policy and I’m not sure which line item covers the water damage to my neighbors apartment.Building property protection.Personal property protection.

Let me start by saying I’m not a cpa so this isn’t tax advice, go consult a cpa.From my understanding if your AGI is above 100k they start phasing out how many losses you can take (capped at 25k if you make under 100k), once you hit 150k then you can’t take any losses.The only way (I’ve seen) around this (assuming you’re married and you file jointly) is to have one of you be a “real estate professional” which means you spend 750 hours a year working actively on real estate and that you don’t spend more time than that on any other job.If you meet that criteria you can take unlimited losses and use that to offset other income, so in theory you could make say 300k and show losses of 350k and pay zero income tax.

Sounds like a bit of a frivolous lawsuit but best to protect yourself through the correct legal entities. 

Spend a full day on this.The rest of this can be done on a Sunday afternoon:step 2 - pull a list of exact sellers you want to mail to.

Slowly build your marketing toolbox rather than try to hit multiple mediums at once, unless you have money to spend and can afford someone else to do the work for you.

She stated that WF believes there are a significant number of over-leveraged commercial properties and speculative loans out there and they are paring back to help protect themselves in the event there is a market correction.

Spend the best few hundred bucks you have spent in years.....sit down with a local RE attorney familiar with foreclosures, with your list of questions/assumptions.

The realtor needs a contract to protect their interest in the proceeds of the sale.

I don't want to spend all my capital then be stuck.

., taking a taxable distribution); you usually can't have it both ways where you keep tax deferral but also get to spend the profits.