Quote from @Joe Torre: My property management company went out of business mid-2024 and no longer exists.I'm unable to get a 1099 for the first half of the year to complete my taxes.What are an investor's options in this situation?  

This would defeat the triple tax savings @Kaaren Hall described above.

It's a free country, you can run your business how you see fit:)That doesn't really work for self-managing property owners or what investors want from the PMCs they hire.So, yes we find solid contractors at Home Depots on Saturday mornings.When's the last time you've been at a Home Depot during that time period?

Almost nobody wants mom and pop tenants or small franchisees that business might not survive post covid.

@Justin Brin Yes, you can elect to aggregate your rental properties for Qualified Business Income (QBI) purposes, but once you do, you must continue to aggregate those same properties in future years unless there is a significant change in circumstances (such as disposing of a property).

I mentioned it to the people above, but they said they’re not running around like the person below is describing.

Quote from @Blake McWilliams: Using and running a CRM is what you need to help the business you have in real estate grow.

However, an LLC can be used to open a business bank account.

I live on a very busy street as well.

Business entities are US state law creations: LP is a limited partnership.