I've done the weighted average interest on a rate and term vs. cash out refi and often the effective interest rate for the cash out means you're paying between 7-9% for that money....the reason being you're paying the higher rate on not only the cash, but also the entire remaining mortgage balance.

To further the frustration, every “wholesale” opportunity I have seen in the past year would yield a net-loss.  

I am following the rules for tax write offs. 14 days rule, write offs capped at income (will have carryover losses), etc....So in light of this I bought a 4wd truck and put snow rated tires on it.

Congress ruled that the cost to you should go up 10% a year forever, until they can figure out how to pay for Billion dollar losses of whole cities each year in the Floods on the Mississippi River and Hurricanes in Florida.

The great part is that even if you have massive losses, the knowledge you gain along the journey will help you rebuild your assets more quickly than before.

While cash distributions are likely mostly tax-free given the LP's K-1 is likely showing a loss, ultimately there will be a significant tax liability upon sale. 

While cash distributions are likely mostly tax-free given the LP's K-1 is likely showing a loss, ultimately there will be a significant tax liability upon sale.

I actually tried to kick this deal to one of my clients but he passed - his loss!

For the Insurance on the property the valuation is based on what the company will need to pay after the loss.

They'll do a cost segregation study for accelerated depreciation.The Short-Term Rental (for only three nights) creates a significant loss for 2022 that can offset their W2 taxes.