Do they know real estate business and real estate taxation?

Definitely "Company 1" is Morris Invest and "Individual 1" is Clayton Morris.

I don't understand if I count since I'm living in the property or if it's only the tenants that count towards the limit of individuals that are unrelated living together.

If they work independently, set their schedule, and use their resources, they might qualify as a 1099 contractor, but misclassification risks IRS penalties.Wages for W-2 employees and payments to 1099 contractors are both deductible business expenses, but compliance is key.This post does not create a CPA-Client relationship.

We vend out mostly Ave none of our vendors want to use the vendor portal to communicate—they have their own business management systems and don’t need to bother using a new one just for us. 

Question... how do you see yourself in relationship to the financial management of your rental business? 

This is a time consuming business.

I understand I can increase liability in each individual landlord policy, but one single umbrella policy is much more cost effective when I have multiple properties.

Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.

In CA, you are legally required to have a CA LLC if you are "conducting business in CA".