It's designed to prevent taxpayers from deducting passive losses against non-passive income, which often leads to situations like you've described.Your concern about potential double taxation on the $2,000 net income is valid.

I am wondering if anyone has an article in their pet policy that prohibits this kind of action and designates certain areas for dogs to go to the bathroom?

Hey BP Fam, I currently have a local investor looking to exit his rental business within the next 5 years because he's older in age.

From here there is a 'doing business with PHA' section and a sub-menu for 'landlords'.

There are loads of them in this business, sadly.So if you want to wait out the end of your lease with a dumb landlord who dislikes you and your habits, by all means, go for it.

We also are establishing an office there for clients to come look over options, get in-house financing, and we also offer help getting matched with an interior decorator to help with the flow and design of the interior. 

Do you process credit cards as part of your business or have accounts receivable outstanding?

I now have lifelong education available, business partners, and friends. 

Mainly because I have to pass inspection from the accrediting body prior to staring the business in the front portion of the building approx 3000 sqft.

@Jason Crowe..the life insurance companies that offer these policies are in the business of providing life insurance, not lending.