The next day they woke up and water was throughout the kitchen, dining room and living room and the enclosed patio. 

That was an out of the ordinary experience I will probably never see again.     

We have all digital locks except for one patio door that we cannot put a digital lock on, hence the key.

To me, an ordinary life seemed like it was going to be even more disappointing to myself than a horrible crash and burn as an investor… with that thought, I invested in my first property 18 months ago.

“Prosecuting white-collar crime is a priority because it is devastating to the people who lose thousands of dollars in what should be ordinary, everyday business transactions,” she said.

@Mike Hern flips are generally ordinary income subject to SE tax.

With your income, no, you cannot use any passive losses to offset your ordinary income.

You may beable to deduct your ordinary and necessary localtransportation expenses if you incur them tocollect rental income or to manage, conserve,or maintain your rental property.

Trees usually are more damaging to plumbing and exterior slabs and patios that the home itself.Also all concrete cracks, so some cracks aren't really damage they're just cracks.

If you place your business assets into a business entity for legitimate business purposes, that is not considered a fraudulent transfer, it's considered a transaction between innocent parties in the ordinary course of business... something the UFTA actually protects.