So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

This is because losses in a Partnership LLC are generally considered passive or non-passive depending on your involvement, and the structure of the LLC can provide more flexibility in how losses are handled."

He jumped on the short-term rental bandwagon, hired a property management company to handle the day-to-day, and hoped to write off a hefty sum against his W2 income.However, his journey took a turn for the worse when he got audited by the IRS.

This is actually they entire reason I started my own PM company- I believe that the % you pay is for them to handle the day to day stuff like this, seems unethical to charge more when they actually have to put in some work. 

I want to develop a system where I can handle the maintenance and repairs through my phone without being there in person.

Quote from @David Randolph: Quote from @Minna Reid: I handle a ton of sales with HUD partial claims.

We manage our showings using Buildium and Tenant Turner, which integrate seamlessly for handling leads, scheduling showings, receiving feedback, etc.

Used a local attorney to handle the closing docs for a lower fee.

The key is finding a reputable house-moving company in your area that can handle permits, utility disconnections, and logistics.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?