Typically: Pros: - Fully passive- Equity growth (hopefully) - Smooth process Cons: - No control- When they liquidate, you liquidate and need to 1031 again (usually they have other funds set up, however) - Make sure debt is rolled over correctly Hope this is helpful!

This year alone our team corrected at least a dozen new client returns which were incorrectly treated in the PY.

Asking in the correct forum will get a better response.Need a spreadsheet or form?

We had an inspection by the fire marshall, and he gave us a long list of things to correct. 

On another note, BP seems to have corrected a mis-step regarding removing services. 

Doing things correctly on your own is difficult in your situation.

It helps I am an Accountant and have all my accounts sync in, with Work Papers for depreciation, asset basis, and use my monthly statements to get me the correct Interest and Principal amounts each month.I do this same thing for my clients and they really like being able to see how they are doing each month. 

So learning landlord-tenant law of your state and what rights and responsibilities you have is really key.Knowing what to do and how to correctly escalate a situation gives you more certainty of the outcome and that makes it a lot easier to deal with - as they say, don't take it personal, it's just business.

We do ALL the grunt work so our investors have the information they need to make decisions based on actual data.If you’re a person of integrity and would like to learn more about how we help create 100% hands-off passive incomes for our investors…Shoot me a message & let's connect.And marketing PM company on other profile: https://connectedinvestors.com/member/bob-priscowhich links to: https://5pointspm.com/ Correct how many years ago was this.

correction, i meant to say 135, not 145.