Can I keep House AND Rental Property

[JustDo]

Hello All,
If I have to file Chapter 7 which is an ever increasing possibility, I would like to keep my house (slightly upside down) and a rental property I am partners in. (No cash flow, no equity).
What type of issues/problems am I looking at with this?
Any help is appreciated!!

[gophermn]

I know you can reaffirm your house but why would you want to keep the rental if it is not giving you any cash flow or equity?
Not sure the legalities involved becausde of you being a partner with someone else on the rental.
I personally am keeping my homestead and giving up the rental.

[JustDo]

I would prefer to keep it because I don't want to leave my partner high and dry, the investment is relatively safe at this point and I don't want more damage to my credit with a short sale.