Any and all answers pertaining to my situation would be greatly appreciated!

These types of deals are very state specific, as it pertains to the paperwork that is needed. 

My question is pertaining to whether I can get a license to rent out part of a 6 unit complex or do all units need to be ready to rent and inspected at the same time in order to get a license. 

  :)  The article below is from NOLO and I feel like the 2nd paragraph pertains to you and would lead me to believe you should still have those passive losses bottled up for when you have an actual taxable event where you will have income or loss. 

There is no document pertaining to XYZ."

This is why it is super important to pay close attention to the fine print (specifically as it pertains to their fees and other charges that might come up like termination fee).

It doesn't pertain to units you turn over but rather continually running tenants. 

The Pre Foreclosure game in Real estate investing is of great interest to me as I find it really puts me in position to help those in adverse situations as it pertains to their home.

We have a checking account with both of our names on it and all income and expenses go through there.My question pertains to taxes.

Like you I started with the podcast but found the forums to be extremely beneficial for information pertaining specifically to the DMV area.