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Investors & landlords
Additional question or clarification. What year can I take/recognize the loss.
- The rental will not be put into service until May 2022. I received loss of rent insurance payments, during reconstruction.
-The loss of deposit occurred in 2021 but the case was not heard and dismissed against the owner until May 2022.
-The court did make judgment against the now bankrupt Corp. which has no money.
-I'm in line with 10 or more other claims for token claim on a bond (maybe 10% of loss) may not be settled until 2023.
‎April 6, 2022
9:28 AM