As Michael mentioned you just need to respond to the IRS and state this is what you're doing.

thank you for all the helpful information!

https://seidmaninstitute.com/wp-content/uploads/2024/11/2025...

The content in that audio, changed my entire life and to this day has me conscious of what I am thinking about.

Any strategies beyond this would be appreciated.

This way the partner is getting paid more precisely for what they contribute.

We should have a "good, bad and ugly" GP list for people to look up and avoid these GPs in the future.I wonder if anyone of you have heard of 711 Rescue and can let me know if this kind of company might be able to help the LPs.

They do this on purpose so new people get tripped up in the process and quit.

There's also a calculator on my website that will help you navigate different scenarios.

The way I interpret the following policy clause is that so long as the property is defined as other than "VACANT" which is the case when the property is being "constructed, altered or repaired", the 30-day time period and vacant status does not apply in this instance: We do not insure any loss at your premises if your dwelling has been vacant for more than 30 consecutive days immediately before the loss and the declaration page indicates an occupancy other than “VACANT“.