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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (63474)10/7/2006 5:49:11 PM
From: Travis_BickleRead Replies (1) of 306849
 
I used to be a bona fide tax expert but no expertise is required here, the expenses will offset the rental income, the excess deductions will shelter some of the investor's outside income but since these are deductions not credits there is no way he can avoid an out of pocket loss. The deductions just reduce the real cost of the loss.
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