Hi Julie,Passive loss can be used to offset ordinary income if your income is under threshold. 

Trends and growth indications point to the middle American crossroads city being a solid place to hold real estate that you’re looking to see increase in value over the next few years.

If the net of the rental income and expense is a loss, you can deduct the loss against your other passive income without limitation or ordinary income ( w-2) with limitation.

Now I will say it all depends on what you're looking to get into, the blocks surrounding American Ave. in between Olde Kensington and Norris Square are some of the hottest in the city for new builds, full guts, and addition plays as people are flocking there due to the runoff from Nolibs and Fishtown.

@Jewel B.Scotsmanguide or American association private lenders have listsWarning signs - $ upfront, gmail, yahoo or aol address, get their money from the prince of tomoonda..

I deducted $200 for more than the ordinary wear and tear cleaning cost.

I use First American Title...

Less than 3% of the benefits go to Americans earning less than $100,000 a year, the analysis found.

Airbnb-Powered Home-Sharing Hotel Coming To AustinAUSTIN (Austin American-Statesman) – A new high-rise hotel that will allow buyers to purchase units and rent them through Airbnb will soon be underway.The 33-story Natiivo Austin will be at 48 East Ave. and include 249 units priced from the $300,000s to $1.2 million.The hotel will include coworking spaces, a cafe lounge, fitness center, rooftop pool deck, 24-hour concierge services, and valet parking.This is the first of a new hotel chain by NGD Homesharing, in a partnership with Airbnb.Those who rent space through Airbnb will be part of their Friendly Buildings Program, in which hosts and property managers share revenue.

These initial investigatory costs are treated differently for flipping and rentals1) Flipping:  the travel cost to investigate will be treated as a business cost and deducted as ordinary travel cost.