I had the same experience. I think RealtyShares debt investments that go bad are exactly that. They are bad debts. See https://www.irs.gov/taxtopics/tc453
The RealtyShares investments that were equity investments will generate K-1s and have different reporting complexities depending upon the deal structure/results and prior passive activity loss limitations.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
