Since you're not working, you may qualify for REPS, but you need to meet the750-hour requirement and materially participate in your properties.The $300k withdrawal will be taxed as ordinary income, so using cost segregation to create depreciation losses could help reduce your taxable income.

Business credit is largely irrelevant until you get into the true CRE and commercial lending space, and even then, the key principles are weighted heavily.

Reminds me of the scene from the big short with the stripper who has five properties and swimming in debt.The other factor is how much do you have in reserves, do they cash flow and could you afford a job loss?

Every few decades, I will be foreclosing on a bunch of properties, and potentially taking a big loss in a few cases.

We're finally seeing some of the incomplete developments being back-filled, yet dilapidated suburbs and subdivisions are found in areas where economic development slowed and later stopped leaving job loss and abandoned homes in its wake.

Putting that money in bonds would even be better than paying down those notes (even without the loss of mortgage interest tax deduction savings factored in). 

Your losses even depend on number of things like the basis of your earlier property, any additional capex required like HVAC or major repairs, output of cost segregation studies, etc.

Any office that doesn't have this information goes for cost of equipment, which is basically probably a loss to the owner.

I could not imagine deals having losses like that and the devastation to the investors and their families.

The first year we got losses on our taxes which we anticipated.