We have always had good luck reaching the officials directly to get questions answered and problems resolved.

Those are all located in the same area.I am happy to answer any more questions you have. 

I’m not sure how versed you are in doing taxes so Do your taxes yourself and give them to a few CPAs  to review and if nothing is better or if changes are made you will have a clear answer and it shouldn’t be that expensive. 

I suspect there are others that prefer to talk on the phone, but cold calling me would be a turn off and I rarely answer my phone if it is a number I don't already know.

I know how many mistakes I have made here so no judgement please just advice and answer to the late fee question!

Thank you all for your answers. 

I think the answer to the essence of what you're getting at here will be revealed by:1) What is the nature of this "little business" that you're starting? 

If you ever want to meet up let me know.There are some good local meet ups you should attend.To answer your question, yes you can write off passive losses up to 25k if your a W2 employee and depending on income.

I know some (if not all of this) could be answered by the lender but I'm eager for a heads up prior to meeting with the lender(s).

There are many agents out there, but it’s important to choose the right one.https://www.biggerpockets.com/blogs/5868/52724-im-new-to-investing-how-do-i-find-an-investor-friendly-agentI love answering questions if you have any!