What if you can't sell a renovated house for enough money, and need to take a loss? This was the third question from one of our coworkers, and it is one of those things that makes the lower extremities pucker up in an involuntary cringe that is worthy of note. The dreaded loss. This is the part where we pause for a moment and sit back and reflect on the answer we are about to give because this isn't a simple "do this" or "do that." This is more about rules and systems than anything else. Let us explain.
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