You don't get to choose who claims the property based on who makes more money.Third, here comes the bad news: you cannot generate tax losses from renting rooms out of your own (or your daughter's) residence.

@Shaun Hunt believe what you really want to do is start a "Master LLC" that can function as a PMC.You would then sign management agreements between Master/PMC & property LLC's and have all income & expenses run through Master/PMC LLC, and only have to "settle up" annually with the property LLC(s).Check with a qualified tax professional.

The next time you're hiring an agent, you can always send me a message and I will give you some tips on what to look for when choosing one. 

Investment Info:Small multi-family (2-4 units) buy & hold investment in Whittier.

I agree that choosing a style that enhances the property's appeal is key.

I am primarily looking for small multi-family and exploring cities in Ohio like Columbus, Dayton, and Cincinnati, as well as the RTP area in North Carolina.  

I am only going after multi-family properties that have yet to sell since 2020. 

We use it for managing our portfolio of SFRs and small multi's and it handles everything accounting wise for the properties so there's no need for quickbooks.You can also run your property management business expenses through Buildium or use Quickbooks if that's easier. 

(I've seen a lot of groups choose this structure)4) Become a part of the issuer (GP-side)I do not want to give other syndicators access to my investor database, so Number 3 seems like the best move.

My biggest concern is that some of the houses right across are multi-family duplexes.