Wise advise @James Wise.

Any lender that does not know this does not work with enough investors and you should look for a broker that understands investors and can advise you property.

Readers are advised to seek professional advice.

We generally advise our clients to go ahead and pay the recapture rates if death is the alternative.The good news about recapture - the deductions are a deferred tax liability to you, and an interest free loan from the government.

@Casi Rice The best advise I can give is become an investor yourself.

So my questions to the community:1-Does anyone have experience with this process of obtaining a Letter of No Objection and could advise whether I could go at this alone or would recommend staying with an Expediter?

But then again, I’m not experienced in it, so I do need expert advise on what garage size and door size with height to pick.  

Readers are advised to seek professional advice.

Any advise about how to handle this situation?  

Poor wording in the original post.I emailed the CPA and said that the advise does not seem to be correct and received the following response:"Forming an LLC alone doesn't automatically turn passive losses into active losses.