I had a friend recommend using one when I first rented my house out, not so sure it is indeed a necessity!

I didn't regret but I understand here in Jax and anywhere in FL somewhat I have to put roofing and HVAC works into my rehab necessities because the climate condition (strong storm and salt from the sea).

You would also report the rental income on your California return since California taxes worldwide income, but you may take a credit for any taxes you pay to Wisconsin on your California return.People typically hire CPAs in the state where they live, but that's becoming less and less of a necessity is this age of technology.

A good tenant is one that pays full rent on time and in return I treat them with respect and insure the property is well maintained.No pay no stay is a necessity to survive.

My goals are to scale down to part time as a pharmacist (and scale into a full time real estate career) and make working an option for Silver and not a necessity.  

They were built out of a necessity and not a desire.

I am trying to get my Professional Engineering License, so working for me is a necessity for at least 4 years.

We have the opportunity to purchase a five-plex built in the 1940’s for 230k. They pull $2450/month in rent but the landlord pays water and heat. Taxes are $300/month. Two units have new windows, two units need new wi...

I agree, it's an absolutely necessity to have trusted people and system in place while I'm away. 

Although many adamantly sell the necessity of a LLC it is rare to find any one that has actually been protected by it above that provided by insurance coverage.It will complicate financing some what so it really boiles down to how much psychological security you require at this poin in your business.