I *think* that you can apply your losses towards future earnings as tax deductions... so you might be OK if you consider the $80K loss as a way to reduce your tax obligations over the next 5-10 years.You should research what you can do with that loss and/or speak with a CPA for the correct answer... but I think it is possible, I know someone still doing it with stock market losses incurred during the crash of 2000.

If I remember correctly your usage is deducted from the deposit, which is returned after you have the power cut off.

Thanks JonSo if I am in a twenty percent bracket then I am taxed at that rate correct?

Yesterday I was reviewing for an upcoming closing and found that the commision wasn't figured correctly and was too low.

And you're obviously selling to lots of mom and pop retail investors who know squat about appropriate vacancy rates and capex assumptions.JScott is correct.

If you're not getting counter-offers, your bids are likely too low (assuming you're contracts are being submitted correctly, of course).Can you give a couple examples of offers you've made -- list price, offer price, contingencies, etc?

Also, you can roll your employer 401k into a solo 401k upon leaving your employer, or can roll it to a more conventional SDIRA, is that correcT, or did I misinterpret.

Also, Anson is correct, it's bonus time...

This may not be the correct forum but, you guys (and gals) have consistently amazed me on your knowledge of RE in general.I'm purchasing a Freddie property for my personal residence.

Correct me if I'm wrong, I know banks are allowed to lend up to 4 properties with good credit and 6 months reserves on each property with steady job incomes.