But with many deals facing the stress these days for deals where investor loses their original capital what are the implications or options and the tax treatment of that, and how would it be different than just a simple depreciation which is limited by passive losses? 

Selling @ $500k
Lender providing $490k
Can the remaining $10k be carried by seller?
If so, should it be a separate contract? Should it be outside of current escrow? Should the $10k loan be a lien on the house?

Get a few different professionals to take a look so you can compare advice and costs.Attic Fire Aftermath:- Visible Damage: Seeing the aftermath of a fire in the attic is a red flag.

Rates are generally higher on interest only options and the difference in payment isn't that huge from a 30 year fixed option

If you could make it break even on a 15-year note, that would be an entirely different story.

I would focus on a different intent: intent of the anti-abuse rule and its reference to "a single unit of tangible property" in (6)(i). 

They should be explaining their work and differences. 

I would love to show you different creative financing strategies that I have used to win offers and help my investors grow their portfolios.

Or is there a different avenue that we haven't explored?

HIWe are negotiating with a new commercial management company and they do things differently that others ive worked with.