Maverick received a referral fees (in excess of $6000) from the transaction between ABC Baltimore and me.

Excess business losses are capped for single individuals at $250,000 and for married individuals at $500,000, with any surplus being suspended and carried forward.

I increased rent the last lease renewal but increasing it $300 a month at one lease renewal is excessive and I wouldn't do that to my tenants. 

Can John deduct excess losses, ie depreciation, against his w2 income from a salaried position?

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.

A minimum of 480 sq. ft. of lot area is required per dwelling unit for the lot area in excess of 1,919 sq. ft.

I DO NOT pay myself the excess. 

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

.$25000 seems excessive for repairs.

[Oh, and for those who just like owning their primary free and clear because they're scared to invest their excess income to actually increase their eventual wealth, just give your Lender extra "Principal-only" payments as often as deemed appropriate to the "velocity" you're trying to achieve.