Seeking Financing for New Property / Tax Write-Off Gone Bad

[Gabrielle Martin]

Hello BP Community -

I made the mistake of making too many rental property write-offs on my tax returns (newbie) and am having trouble getting a loan for a  property I have my eye on in Florida ($83K).

Does anyone know a Lender that can help me finance this deal (found on roofstock.com)? 

Also, does anyone have any tips to fix this or to avoid this mistake the next time around?

Thanks guys!

- G

[Tom S.]

@Gabrielle Martin  Not sure what you mean by too many write offs.  You're legally entitled to deduct all expenses related to the property.  In addition, you get depreciation, and lenders will typically adjust for that.  

If your lender isn't adjusting for the depreciation, keep calling around.

Good luck!