Heres my thing though, earlier this year I quit my job to run my retail store business full time so now my tax return will reflect self employed income where losses may be reported.

Due to the frequency of moving around in the military and maintenance costs, it is very hard to show anything but a loss in tax returns lol.Long winded, I know, but any thoughts or advice would be appreciated!

I am seeing the market begin to slow from job loss due to falling oil prices. 

You do not want to get in a situation where one investor owns the majority of properties and controls the building and can force the remaining owners to sell at market price (regardless of loss) to convert the building into apartments.Gavin

Gains in QQQ wiped out by losses in XLE.

If a tenant fails to give proper 30 days notice, when does the clock end for loss rent that I can charge them?

Those that went "bad" had a major life event they could not recover from - job loss/rental assistance loss. 

@Joel Owens, there are a couple of scenarios where "risk of loss" and inventory activity could trigger the gain. 

Each of my properties is under its own llc. you do make a good point about even distributions, but you can have one yearly distribution, or loss. llc's income/ loss are reported on personal tax returns. you can write a check whenever you need the money, if it is available. this is from Entrepreneur Members are compensated using either distributions of profit or guaranteed payments.

Always be sure to contact your insurance company as soon as possible in the event of a loss as there may be limitations on the time frame for reporting a loss/filing a claim.2.