Some are standard companies and others are Specialty/Excess markets. 

Generally, losses from your rental properties can only offset other passive income, and if your passive losses exceed your passive income, you carry forward the excess losses to future tax years.

Less to manage as most times you won't be billing back the utility bill as normal usage is factored into the bill BUT the tenant is accountable for excess usage protecting you from abuse of the utilities. 

Depending on your definition of house hack, these excess losses may be able to be carried forward as passive losses on form 8582 (not enough information to determine this part, would need additional info).I will mention as well that if you choose to switch to another accountant who more specializes in real estate, being that it's April, any good CPA will automatically want you to file an extension.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Excess business losses are capped for single individuals at $250,000 and for married individuals at $500,000, with any surplus being suspended and carried forward.

Excess business losses are capped for single individuals at $250,000 and for married individuals at $500,000, with any surplus being suspended and carried forward.

Large wrap-around covered porch and a small flat yard to enjoy the amazing views.

:New Orleans is flat.

SC has  a state bill that is going through its paces that would make it illegal to flat out ban STR's.HOA's could not prohibite STR's if this passes, nor could cities. .