The deed is under my nephew’s name and he lives there for almost 5 years, he can claim that 250k tax exemption if we sell the home. 

NJ state return specifically tracks the loss carry forward.Also, what do you make of this statement from CO tax booklet “A nonresident of Colorado may source to Colorado passive losses carried over from prior tax years and claimed in arriving at federal adjusted gross income to the extent such nonresident had Colorado source passive losses in prior tax years not previously claimed for Colorado income tax purposes.” - does the last point mean that CO passive losses used in prior years (not just previous year or current year) for offsetting passive income at federal level can be used to offset CO passive income in current year if they were not used for offsetting CO passive income in prior years (because there was no CO passive income in prior years)?

Not sure about NJ, but in Florida, you have to have proof that the tenant caused the damage. you are claiming on the deposit.

If someone says yes, with no data to support their claim, you're just going to believe them?

There is some complaints about the smell but that is fairly typical for memory foam when they are first opened up.Others have said you really have to wait at least 72 hours for it to fully expand before using or putting anything on it.EDIT - This is a special buy and has 2 days and 14 hours before it expires. 7% have been claimed so far.

Also, you get a quit claim, not an actual title. 

Is the claim small or no? 

He claims its directly paid to the company, called GLOW INSURANCE SERVICES.

However, when I asked about this again today, they mentioned it might be due to the change in the company and also might be related to my zero-dollar claim from last year.

If you try to claim that you own the property as the owner of the LLC who also personally owns the property the court can pierce the veil.All of this being said, the only time I've heard people running into this issue is with professional tenants who intentionally try to work the system.