While rental income is indeed considered passive under IRC §469, that doesn't prevent you from claiming a home office deduction if you meet the requirements.What You Need to Qualify: 📋A dedicated space used exclusively for managing your rentalsRegular and substantial management activitiesThis must be your principal place for conducting these activitiesThe Legal Foundation: ⚖️The Tax Court in Curphey v.

When work needs to be done, we require the tenant to provide access.

Once you have cash in hand, you can unlock the unit for 24 hours and let him move his stuff out.I would also consider charging an additional deposit of $500 or something, just to prevent him from leaving all the trash or stealing your refrigerator.

Also prevented us from making wrong statements on our part which would have reduced the claim.3.  

You could tell by the “vile” reaction of the OP when I mentioned that he provided no proof of fraud how “unhinged” he is.  

Whether it be a fix-and-flip loan or a 30-year fixed DSCR loan, nearly all of the clients that I work with will opt for closing in the name of an LLC.As you may know, closing in the name of an LLC prevents the loan from reporting on your personal credit as a tradeline (unless you default on the loan).

I never expected a household item could be used and wanted to take steps to prevent it.Thanks,Steve

Our state licensing department provides the list of licensees for free upon request. 

I know you're house hacking and so you'll be right there, but nothing prevents you from having a PM do the day-to-day.

Wouldn't hurt to consult a tax pro just to make sure there isn't a more tax effective strategy but I don't think lending provides any tax shelter.