Quote from @Abhijit Roy choudhury: Financial Crime enforcement Network, requires reporting of Beneficial Ownership Information filing by 01/01/2025.Does this apply to us, Rental LLC owners.

I do relatively well in my day job by today's standards but my hourly rate for self managing is closer to that of a surgeon. 

In today's market with high interest rates, it's most important to make sure that the numbers work when analyzing a deal.

Prioritize your financial stability.

And probably in ways we can’t fathom today.  

Offset today’s income with depreciation.

Prioritize your financial stability.

Today is very different as it is all about the management (and not appreciation) compared to past where management could suck but you still had superior apprecation.This will not crash housing of course but all those "creative" deals where people are paying more than market value are going to realize they have no exit. 

Though, it has taken a lot of time and experience to get to the level where I'm at today. 

I know, sorta defeats the purpose of an LLC from a financial perspective, but gets the job done.