I have read several times that this is a shift from years ago when we didn't have them.

Two years has been mentioned in several forms by tax court but that two years has encompassed two full years, over two tax years and in two calendar years. 

They all think they're sitting on gold mines (and this was in 2013)...and to be honest many of them are...Anyway, I eventually just found the Santa Clarita 4-unit on the MLS.Where direct mail does work in SoCal, however (or at least where it worked for me back in 2015...not sure the market now as I haven't bought anything in SoCal since then), was for older absentee SFR owners in the outskirts of SoCal...I had several people willing to sell me their properties at a deep discount (for cash and a quick close), but I only had the cash to buy one at the time.

I know it's not exactly a large sample size and I used her as a PM before working through her on purchases but it does have several advantages:1.)

After a tour of the property I submitted an offer where I felt comfortable moving forward based on the income and expense provided and several statements made by the owner regarding the commercial tenant’s willingness to renew its lease when it comes due in 2019.3.

If there is an unauthorized pet in the future, your fees should be a lot more severe.

I have accounts at several different banks.

So, I have read several books and posts on here concerning offsetting income tax with passive loses or depreciation from rental properties, but I am still a little unclear as to how that all works and if I can actually use use rental property losses or depreciation to offset my house flipping taxes. 

He’s young but works with several other investors I know.

Rarely, for several reasons.Referral fees are normally paid from Broker A to Broker B.