My family makes a joke about how those items aren't "Nickproof") At this point we decided to call it and come back tomorrow. 

., mortgage interest, repairs), and up to $25,000 in passive loss deductions if your MAGI is under $150K.

The only item I would suggest is double check the payment terms of the your HELOC... in particular, can you pay interest only or are you required to pay a portion of principle each month on the amount utilized.

It outlines profit and losses from rental real estate.

Then at the court you will be the "prosecutor" and must out line the violations according to the lease, and show the efforts you gave your tenant to solve those items.3.  

@Kelly Taylor If you are going to invest more in RE, wait until you have released losses to do the Roth conversion.

We have life time losses to uncollectable rent/financing payments to prove we back up this claim.   

Natural disasters can devastate your property and the surrounding community, leading to job losses and the closure of shops and businesses.

I took too long to get my property rent-ready, which led to a significant loss of potential revenue.

Are these the only items we need to document?