Expenses also increasing including insurance costs.

Monterosso is underperforming and they are currently considering their options (including sale) on this 4 year old investment.

Some examples of a disqualified person include yourself, your spouse, your parents, or your children, and examples of prohibited transactions include purchasing a property with your IRA that is already owned by you, renting your IRA-owned investment property to your parents, or completely maintenance or renovations yourself (known as sweat equity).

It ended in me having to file a lawsuit and I nearly lost everything...including my marriage.

I started with $35k cash in 2018, bought a distressed SFH, 3% DP conventional, house-hacked with my brother, and renovated almost the entire property (swinging hammers) for $18k including a new roof.

Partner Driven funded 100% of the project, including the $40,000 purchase and the $40,000 rehab budget.

With just six weeks to go (including holidays!) 

Your CPA is correct, although it is not about depreciation, it is about all deductions combined, including depreciation.

I am curious to see how the first quarter of next year plays out but right now it looks like many markets, Atlanta included are experiencing the same softening you are seeing in Gilbert.

Topics will be multifamily, BRRR and value-add real estate but am definitely open to other asset classes and investing types as well, including flipping, notes, wholesaling, mobile home parks, etc...