This approach saves you time and effort while keeping you in compliance.

@Phil Petite Forming an LLC in Tennessee is recommended if your rental properties are located there, as it simplifies legal compliance, avoids the need to register as a foreign LLC, and aligns the LLC with Tennessee's laws for property management and tenant disputes.

- Compliance - always making sure we are following NJ State Law.

I won't mention the employer because it's a massive national entity, but I assure it will be back on news soon as those buses arrive yet again. 

But I can assure you that your not alone.

Since non-permitted work could impact insurance or liability, I’d consult local authorities, hire professionals, and confirm zoning compliance to ensure a smooth process.Good luck!

I know what exactly it takes to obtain a post-construction permit to bring any un permitted structure into compliance.

And, I think you can rest assured that somewhere among your acquaintances is someone who has noticed what you've been doing and has been inspired to take action.

Do what you need to do to get in compliance w/ local laws to serve as a property manager.

@Maria JeanetteTax Advantages: Income and gains grow tax-deferred (or tax-free if using a Roth SDIRA).All Costs Through the IRA: Expenses (repairs, taxes, etc.) must be paid from the IRA, so ensure it’s well-funded.You might also want to consult a CPA or attorney experienced with SDIRAs to ensure compliance with IRS rules and maximize benefits.Best of luck!