What I wrote above does not create an attorney/client relationship between us.

I recognize that one can not take a passive loss if their income is over 150k; however, from what I have read, it states that if you dispose of/sell your rental that you can deduct the passive losses the year you sell.

I know there are a lot of professionals in the suburb that I am looking that need a place to meet clients but don't necessarily want to go to their downtown offices regularly.

Jersey City is hot right now but like I tell my clients the majority of the time I can find them deals that make more sense in Essex County but that depends on the client and what their needs are along with their comfort level. 

Not when there are so many alternative methods of engagement towards resolve of which past clients have appreciated.

As someone who has coordinated 40+ deals in last 18 months for clients, I can tell you that the hardest piece of the puzzle is the property, the opportunity. 

Works very well for me and my clients.

Personal residence that has a 2,000 sft office, kitchen and lounge area ( for entertaining vendors, clients and prosepects).

The home health services industry struggle with the cost of providing services where clients are spread across a geographic area.

Microsoft Excel, and most budget or free online bookkeeping isn't going to cut it in this situation.For the rental properties you own directly, I often tell clients and prospects that a P&L in Microsoft Excel is just fine and a balance sheet is not necessary for tax purposes.