My wife recently made the comment that if I were to kick the bucket, she doesn't have a good understanding of our rental property status.  

Most people are more willing to go with the status quo with a huge purchase rather than taking what they preceive to be a risk.

If, however, interest rates change or they feel they can make more money by foreclosing, then you may see the loan thrown into a default status.

I called out to all my friends on Facebook for recommendations.  

@Mel Selvidge If you feel you meet the more than 50% participation and at least 750 hours test for real estate professional status, but you are not spending at least 750 hours on each rental property, then grouping all your rentals into one real estate activity may let you get past the 750 hour hurdle.The election to group your rentals into one activity is done by filing a statement with your income tax return.  

Although Equity Trust tends to be over protective when preventing you from doing prohibited transactions, so far, I prefer that to the possibility of losing my tax status of my IRA by using a checkbook style IRA owning an LLC.

I would say this phenomenon is the same as when the stock index crashed, major expensive stocks like Facebook and google crashed as well ;-) but cheaper stock that's not too correlated to the main market, has much lower volatility. 

You would need to set that up and rollover your funds as tax-deferred status, and then convert to Roth inside the plan, as a 401(k) cannot accept a rollover of Roth IRA funds.In the IRA space you can work with a 3rd party custodian as processor, or push the custodian to the back end and have the IRA invest into a specialized LLC. 

In short, you can write off many things when you are engaged in business (even as a sole proprietor), however there are implications to your  income if you may leave the "passive investor" status and move into the "active investor" status.

uses and break the door down ,  But take video and post it on facebook .