Is the lost rent something I can claim on my taxes as a loss?

If they refuse to pay for that and we have to step in and pay for it then they have lost their ability to purchase the home and are just viewed as a tenant from that point on. 

And although I undoubtedly “lost” some deals, I eliminated the “cancer” of wasting valuable time on “undoable” deals.IMO, the vast majority of sellers offer their properties for sale at unrealistically high prices (my self included).

They may have even suggested it to their Stockton Realtor; back when they bought their primary residence their Berkeley Realtor was who suggested it.Speaking of which, a ratified contract in Stockton hit my inbox last night, maybe it was my client you lost out to. :)

However single member LLC even if managed properly can be lost to a lawsuit.

Even in California I know people who lost their shirts hoping for appreciation-it would have come if only they could have held on longer.

I lost the real deal the night before but used that as a lesson in having a sense of urgency and the power of cash buying.

If you don’t need all the money at once, liquidate as follows to minimize tax:(1) funds which have lost money(2) funds you’ve owned more than a year but in the order of least to most profitable (on a % basis not $ basis)(3) funds you’ve owned less than a year but in order of least to most profitable.Look at individual transactions.

Nobody has ever been mauled by a Chihuahua and nobody has lost a limb or life to a poodle.

I heard back from my co-worker that is an investor who had his lawyer check in on this.The mortgage company lost the original loan paperwork.