Because there are Tax Court cases that involve Pro Se Taxpayers who claim that they have a Real Estate license and this is enough.

But behind every notice of default is a family trying to make sense of something they never thought would happen to them.I recently spoke with a homeowner who had fallen behind after a medical emergency.

He says he is completly broke but i know for a fact that he has rental properties in Texas (always bragged about this) but claims he is flat broke- what a croc.

You generally can’t claim the $80k loss, and you may need to file a gift-tax form (though you likely owe no tax).

I even emailed customer support at Zillow to see what the benefits were, if there was something I didn’t see or recognize… They just claimed that it gives you a higher position in the search results.I found that lowering the price before the next whole number made the best difference$995 rather than $1000Or $1095 rather than $1100Since the search criteria are in multiples of 100, it keeps you in the lower search range.Victor

Their project manager, Laron, practically begged for cash nonstop, claiming the project would move once they “got more funds.”

As an analogy, sometimes people ask me whether I would go through medical training again if I knew then what I know now.

If there are medical bills, or something similar causing the lower score, I'd let that slide. 

Of note, there is a clear difference between tax strategy planning and tax preparation and the $25k paid was claimed by WealthAbility to cover both.

If the property qualifies as a separate activity, you may be eligible to claim bonus depreciation through a cost segregation study, which can provide substantial upfront deductions — particularly beneficial if you are in a higher tax bracket.However, if your income level is lower, the cost of the study may outweigh the benefit.