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. 

Not saying that this is the case but that is the darkside of the Web 2.0 world we live in today.

Look into the homes history on your county's web site(s). 

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.

The second branch of the site will be a platform to create a personal web page that will hold all of the agent's social media link (kind of like linktree).

Should we let the housing authority (section 8) know that he violated the lease and unless it is amended, which we gave him an option to, we will not fill in the paperwork? 

This encompasses eleven authorized activities within the real estate sector, including development, construction, leasing, and brokerage.750 Hours Test: In addition to meeting the 50% test, individuals seeking Real Estate Professional Status (REPS) must surpass 750 personal service hours materially engaged in one of the specified real property trades or businesses.Understanding Material Participation:Material Participation: Only hours deemed material to the operation of a real estate business are counted towards qualification.

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

If you promise them a "rescue" and you don't get it done before the foreclosure sale they can sue you and the local authorities can investigate you.7.