I'm also trying to encourage the tenant to apply for rental assistance through the county.  

I have a couple that is applying to rent my house and they are non-US Citizens.

If these significant losses are not recorded in LP’s tax return then upon exit (when the property is sold) the LPs will pay more taxes than due because depreciation recapture will apply even if losses were not recorded in prior years’ tax return.

Hello ! Sorry for my newbie question. I recently purchase a 3 unit rental property I use a heloc from my first duplex to do so. My question is I do have equity on this new 3 unit and I want to get a heloc for a new in...

Since refinancing is just getting rid of your old mortgage and replacing it with a new mortgage, the same initial rules apply.

Does this apply to passive activity losses too?

Now make sure you apply that same ratio to what you paid + capitalized purchase costs. 

You may want to make the agreement "property specific", meaning it only applies to properties he/she actually shows to you. 

In my town right now you would just need to go back to the office you got the permit from which would be code enforcement and fill out a new permit and maybe pay another fee or they might apply the first fee.

I called and set an appointment to apply for HELOC with M&T bank after finding the recommendation in the forums.