Example: the intention of Passive Activity Limitation (PAL) rules is to prevent high-income earners from reducing their taxes by merely investing money into real estate.

We offer comprehensive tax planning and strategies, providing valuable insights that go beyond mere tax preparation.

I was merely pointing that unless the value was significantly higher you did not in fact have that option. 

No, because they are not a write-off if you're merely buying your own meal. 

Pretty simple strategy, but it works for me. RE

This is also the difference between additional insured status and merely being a certificate holder.

Currently I'm having a hard time filling my rooms, and it's making me re-think should I allow cosigners if I screen them more? 

Certifications take a mere 3 days to earn--converting a high school dropout into a licensed and certified technician by day 4.

in theory there could be criminal background, but I doubt someone would be practicing as a MD with a long rap sheet.Would it be sufficient to merely put a clause in the lease that the authorized occupants are Mr.

The objective is to make a profit, not merely own real estate and this is often forgotten.