Going through the insurance process is more crucial to your strategy right now versus the tax implications.    

You can also get into more active strategies like STR and rehabs, but the work required to get in this is significant and at that point you might be able to just get a new role with the same pay with the equivalent effort.Is your entire industry in a hiring freeze or just your company laying off?

The latter two are more semi-active income with some infrastructure buildout needed, but HipCamp has been pretty cool to the point we're making plans to add a few more campsites and some basic amenities. 

I think for at least one of mine (it's been a long time) it was just a letter that my commander had to sign, basically saying I was in the military, behaving myself, and the Air Force wasn't trying to actively kick me out.

A Solo 401k which is exempt from UBIT on leveraged real estate may be a better option if you have legitimate self employment activity. 

Passive losses can only offset passive income or gain on sale from a passive activity.

This has been crucial to the success of getting in paid in full by so many tenants.

It’s crucial to invest smart, whether it’s in a triplex or a single-family property.

Active losses offset active income.

It was an active rehab and involved a permit that was needed, then wasn’t needed, and then was needed again.