With time hopefully the numbers will be even more in your favor with appreciation of the property and you will have cash flow to continue to invest, also it is building equity in your portfolio that you may want to tap for opportunities in the future.

Purchase price: $200,000 Cash invested: $210,000 This was my first real estate investment.

It’s also a safer place to start as a first time homebuyer and there’s no reason to not take advantage of the perks available to you now.

With connections in the city we was able to find a cash buyer in no time keeping the closing date for the seller.

This is a broad criteria and at the time we didn't have more specific criteria other than cash flow.

To buy myself time I was considering just mailing in payment for the next two months and maybe just do that indefinitely unless/until they force the issue, which I'm guessing will never happen if loan is current.

Probably use it for trails or timber or hunting is the best bet looks like, rather than spending time on regulations and permits.

We purchased the property for $15,000 and sold it the same day for $53,500, generating a strong return in record time.

I would also need to time/adjust my insurance coverage accordingly @Justin Lanciault how did you manage llc to llc?

The reason is that these suspended losses are passive and they can never offset non-passive income like income from your clinical job, only passive income.So it makes sense to be strategic and time your losses so they coincide with the year you become a real estate professional."