if the after care of the program is carried on by Utah based fulfillment companies then you will want to be cautious.

For example, a lot of Fannie Mae homes carry a 90 day deed restriction, meaning you can only sell the house over 120% of the purchase price within 90 days.

I have several clients in FL who do not carry property coverage and only have $1M liability for about $110-$120/unit/year. 

Correct, but principle & interest can be shown as Other Expenses and reduces net profits.2) Be aware that purely passive income PnL does not carry back to the 1040: it is self contained on the Sch E form. 

The secret is the paperwork and a contractor who has the financial means of carrying your project.

The first and foremost method to mitigate these exposures is to carry adequate liability coverage.

Dig -- Kindles are very packable, so great for trips and carrying around in your bag.

You are the beginning of the process of that decrepit house become a family's home again.As far as the gun goes-get a concealed carry permit and bring your own. 

Thanks Carrie.

Where can I learn more about how to handle losses at tax time, and get a better understanding of passive losses, carrying losses forward, etc.?