I could have used you team's muscle with my last welfare trash tenant!

Nicholas,Because you are in a Condo Building the Declarations and Bylaws spell out what is considered part of your unit and what is consider common elements (owned by the Association).  

So, once you declare/determine it’s ready for renting, you start depreciating and that’s how you are getting your “deductions.”While I don’t use TurboTax, that’s probably why it’s throwing a fit at you.

A sub-servicer can be put in place easily for collections, that does not eliminate liability.The reason I guaranteed the notes originated was two fold, obviously it was a profitable venture, but it also eliminated most, if not all, of the risks of origination.Many investors seem to think you can eliminate risks with disclosures, not true, you can not perform professional services and declare that you are not responsible or that you lack expertise or simply warn your client of dangers, those providing professional services are liable for what they do.Specializing in seller financed "property management" (not sure how you see that as if you are collecting rents) is a loan servicing function.

Declaring a property abandoned in Texas does not require a court.

Also, how do you give your mom her half without incurring gift tax (or making the gift declaration to forgo the tax)...Not trying to foment tax fraud here. 

If it is on a pitched roof, it can be quite a chore to muscle it up. 

You match the income with the expenses, so generally nothing is declared in 2017 and it is all then recognized when you sell in 2018. 

In fact, a RAT was declared a legal service or comfort animals by the courts.

They would cover any deductions they agreed to let you take if the IRS later declared them invalid.