I am a professional RE Investor in Savannah, Georgia and I look forward to learning from and contributing to this forum!

Again the phase 2 and 3 development of the properties is another issue and also ripe for investors but there will be plenty of them when the time comes as this part is more common and understood amoung you professional folks.

I used drain cleaner every month to solve that problem.I'm not saying that you should not buy property for rental, there's good money in it.

In that case, the usual capital gains rules apply.Still I recommend checking with a tax professional.

Sounding off From Bristol, looking to link up with professionals in Connecticut.

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Glad to have another knowledgable mortgage professional on the board.

I am thinking of using one of the largersuites for professional services.

Best thing to do is to always remain professional and try not to lose your temper - some of these people will push you to the limit.

Talk to your tax professional to make sure you meet the criteria.If you don't meet the criteria, it's a "passive" loss, and can only be used to offset "passive" income, stuff like mutual fund and stock dividents.