Also, if someone (say, me) created the EIN as IRA, does that person (say, me) need to try to correct it?

Now I want to be an investor myself, so working at a firm with its niche market in working with Investors to help them get their property is a perfect way to continue my work on my skills in sales and marketing while also building a circle with people who I want to be in the future!

We announced the closure of our Series A last week, securing $26M ($33M to date) in funding from a top venture capital firm Andreesen Horowitz. 

If I wanted to largely scale my rental arbitrage business, using my personal name does not seem logical or realistic.

The others include: - Extraordinary personal services provided, regardless of customer use duration.- Rental incidental to a non-rental activity.- Property available during defined business hours for nonexclusive use by various customers.- Property used in an activity conducted by a partnership, S corporation, or joint venture in which the taxpayer holds an interest.

How did you meet this person?

This is a common issue facing investors with investment properties in their personal name.

EVERYTHING is recorded, accessible by management.We do NOT allow our staff to use personal cell phones as can't track or record.

If it qualifies as a short-term rental, you might also avoid passive loss limits, making the strategy even stronger.If you’re considering a cost segregation study, DM me and I can point you to some solid firms in SoCal!

Then if necessary I follow through with swift, firm action and the problem usually resolves.