For me, the most extreme was with Leon Yang...

Management decisions that are relevant in determining whether you actively participate include approving new tenants, deciding on rental terms, approving capital or repair expenditures, and other similar decisions.There is a phase out if your MAGI is above $100,000(2016). 

@Ryan Starke@Wei Jie Yang@Jake ThiedeI haven't had any clients use this Freddie Mac program yet, as it is new. 

@Mike Yang I know some people in Pittsburgh that could potentially help.

What I found was that those two perspectives are going to be like ying and yang.

Hello @Vickie Yang .

@Dustin McGee @Tracy Yang We haven't had a meeting in a few months, but if anyone's interested, let's get something going again.

http://www.biggerpockets.com/renewsblog/2013/04/11/bp-podcast-013-seller-financing-leon-yang/A very informative podcast. 

There are a few other podcasts covering this as wellhttp://www.biggerpockets.com/renewsblog/2013/04/11/bp-podcast-013-seller-financing-leon-yang/

I got stuck at the 'Gain or Loss Worksheet' line b :"Any depreciation you took — or didn't take but could have taken — for any business or investment (rental) use of your home other than home office use"So I did Schedule E and Form 8582 and using some ballpark numbers I quickly realized that :since my MAGI > 150K, I won't be able to take any passive loss deductions on my 1040.