Tax Saving Strategy - Subcontracting out management services.

[Kris Clig]

My CPA suggested I start my own management company that sub-contracts out the day-to-day management work for my personally own properties that are out of state.  Would I need a Property Management license to do this? I assume not, since I own all of the properties. 

Background Info:

I own 4 rentals. There are all out of state. I would contractually agree with each of my sub-contracted property managers to a list of on-going operational tasks I would solely be responsible for doing, to prove I am continuously and actively participating in the management of my properties. 

THANK YOU IN ADVANCE FOR YOUR TIME & EXPERTISE!