The later has happened when major events occur like loss of job or separation of marriage.   

You could use the same  scenario for your business bank Account Example:                Chase Bank   (Business Bank Account Header) in your Chart of Accounts                         David Miracle as a Sub Account of Chase Bank                        SunShine Investments as a sub-account of Chase Bank                        Palmway Properties as a sub-account of Chase BankWhenever you need to give your CPA data regarding the above properties you would do it via the Profit and Loss Class Report which gives a break down of income and expenses and your bottom line per property, per LLC...etc. 

Winter Is now here and I have 3 vacancies,,loss cash flow $3500 plus oil/ utilities   — I could use some advice to fix my problem now...don’t know how to get though this very tough patch .I won’t be able to pay for all the utilities- mortgage- taxes without income coming in..anyone ever been here before and how would you correct the problem quickly.

Considering the average Class C eviction + turn over + vacancy represents a bare minimum loss of $2,000 in unpaid rent, court costs, and clean up, it's nothing to spend $50 hiring a real estate floor agent to drive by the current home, snap a picture of the outside, pictures of their pets, and peek inside while the applicants sign a copy of the listing data then forward all of that. 

Therefore, it would be a mistake to attempt to apply the material participation and active participation standards of the passive activity loss rules (Sec 469) to make a self-employment tax exposure determination, which is codified under Sec 1402 and makes no reference to those terms.Proper entity structuring might have allowed OP to avoid SE tax exposure. 

Capping her responsibility for loss rent at a month or less is a good compromise.  

@Leo Varghese Look messy also looks like category 3 water loss I’m an adjuster and environmental contractor knowing that, that is only the being of the problems that could be I would have to refer you a good buddy of mine also a BiggerPockets member @Carlos Ramirez owner of Relion Restoration wish you the best of luck.

@Charles Conroy, I'm saying you should think about a better way to raise capital vs. taking a guaranteed 30% loss of front.   

You take a risk which could result in cancellation of your title insurance and complete loss of your real property without compensation in the event that a title issue regarding your real property arises.Contact your title insurance company to determine coverage and if your policy does cover transfers , and when or how.

Even if that means listing it 5 times and writing off another months loss from their taxes.