If you have limited prior experience owning / operating multifamily assets, they'll also require you to use a professional property manager with multifamily experience.

Pay attention to the details and be organized Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Eli JermanYes, you should hire a tax professional.

From googling, it would appear I need to hire a professional.

I recommend having a tax professional help you

Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.

Please seek guidance from a qualified eviction attorney or legal professional to handle this situation properly.Hope this helps, and best of luck resolving the matter!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Readers should seek professional advice.

BP is a great place to connect and meet real estate investors and professionals.