I'd say that one really useful and underappreciated tactic here is for the small business owner (so could be a restaurant owner but could be any other small business too) to buy a building, rent that building to the business she or he owns, do a cost segregation study to front load all the depreciation into the early years, and then make a Reg 1.469-4(c) grouping election. 

So you agree what you owe doesn’t matter. 

Go look at how much they sell for...Read below our copy & paste advice for what investors often get wrong when they start looking at cheaper investments:)------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

That is, your friend is the one who should be speaking to a lending attorney (not a real estate attorney) so he understands what you will be signing and the risks and recourse behind his loan should something bad happen.

And, if you have three cards come in on the first cycle and t hose cards add up to 15k let's say and you use that 15k, when you go to apply for cycle 2 you need to be at less than 50% utilization of those cards so 7500 needs to come back. 

It is a split level home, the basement was fairly small so I added a door at the hallway to turn it into the master bedroom with a private bathroom.

Now, for the past week, they’ve completely stopped responding—no replies to my calls, emails, or texts.My tenants have been without a shower for a month, and the place is a mess.

One day he got arrested after they found a baggy of what he called "gummy bear sugar" and the cops called "meth".

Rentals as passive so if your AGI is over $150k you can't use the losses to offset your other income sources like your W2. 

If so, how much?