That one I may have to suck it up and deal with the twitch, because I'm determined to learn enough here to so I can invest and create some passive income to make up for the loss of income from my husband.

When things take a downturn, you could take a big loss.

So here is my question, if our cost, loss and depreciation is more than our profit, will we not have to pay state, federal tax and will we get a tax return of what we have paid for our room tax.

I imagine you are quite busy if your passion for ethics brings you to this discussion, you wouldn't be bringing this up with only wholesalers on bigger pockets would you? 

@Elliot SaksWelcome to Bigger Pockets.

The Bigger Pockets Podcast is great and I have listened to over 200 of them so far.

This house is bigger and has more bedrooms and bathrooms and the same amount of land as my house and I paid the same for mine.

Now, if the property values drop far enough, you may not be able to sell the property without taking a loss. 

Their gain is my loss.

Either way, Bigger pockets is a great resource and I'm sure you will meet lots of contacts on here.