Just making sure tax benefits are not your primary reason for getting in to them :) IRS knows if you have 100k w2 then it's very hard to afford an STR, IRS likes to create a self-inflicting rules.Basically IRS says you can tax loss if you can do such and such but only if you're poor enough to do such thing.

Sorry, I am just not a bleeding heart for self-inflicted regret.

With the Project Plan finalized the process of getting the ball rolling became a self-inflicted complicated mess that, in hindsight, ended up not being worth it at the end.

Sometimes you get those scumbags that know the system and know how to inflict maximum pain for no other reason than they know they can get away with it. 

You have fly-by-night agents recommending rough neighborhoods and properties; and frankly this can be self inflicted and is often just to meet an investors unrealistic expectations.OOS investors often run terrible properties, knowingly or un-knowingly.

Those in favor, want to reduce avoidable human suffering inflicted by slumlords.

Government will then be forced (ironically self inflicted) to raise taxes or create new fees somewhere to fund this causing prices to go even higher and so on and so forth.Free market.

Hopethe PM gets severly disciplined, then he won'tlikely be able to inflict harm on other's like he'sdone to us.Whenever there was a problem (washer went out, webought a new one; electrical issue, we paid anelectrician even though it was the power provider'sissue; clogged drain- paid for a plumber eventhough it was baby wipes from their grandchild).

Omar,if your brother owes more than the house is worth on the marketplace,you need to negotiate a short sale with the bank.After two long years,they are probably willing to listen to a short sale proposal.Your brothers credit is probably already destroyed so it's not gonna hurt him anymore than the pain he has already self inflicted on himself.If he refuses to deal with the bank himself,you need him put you on the title or give you power of attorney to handle the transaction yourself (whichever doesn't harm your personal credit).It honestly might be easier just to let the bank take it now and be done with it.Neither you nor he will get a penny of profit at this point.

Self-inflicted - renter locked themselves out of house; kid broke the window.If you have the phone numbers for a good plumber, heating contractor, locksmith, that covers 95-99% of anything you will be hit with.