Real-life reps, to me, means seeing properties in person, whatever your asset class. 

It's a quirk that very few areas of the country have.Both the city and county have their own areas that have Section 8 residents, but the Housing Authorities that handle the programs are different. 

By year 5 we had around 55 people.We did hire a marketing person but frankly marketing wasn't our strong suit. 

The buyer's agent, though excellent, was new and unsure how to handle the situation.

You will get killed on the C and D properties which are usually the majority of most properties handled by a metro PM company. 

As expected, consulting with your CPA and the qualified intermediary (QI) handling the exchange is best advised.

I'll look into how that is handled at this location.

I can't just put the LLC's income directly into my joint personal tax return, right?

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Strategic timing matters, especially with multi-state portfolios.Real Example:Investment property sale in 2019Federal noticed unreported gainTwo states involvedTimed response to fall after state deadlinesResult: Only federal adjustment appliedInvestors: What's been your experience handling tax notices across multiple states?