This will be the first year I will be able to deliver to my tax man a really clear, concrete report.

Concrete cost is an exposure since we can’t contract ahead.  

Staying compliant, filing proper forms for each state, getting a good accounting firm to do K-1's.Syndication is managing a business which is different than managing real estate.

If you’re still unsure of how to classify an asset, consulting with a professional is the next step.Review your classifications regularly to ensure they are still accurate and compliant with IRS guidelines.Conducting a Study Without the Right ExpertiseOften, the two mistakes above – insufficient documentation and asset misclassification – arise when you attempt to conduct a cost segregation study without adequate experience or knowledge.Performing a cost segregation study without the right expertise can increase the likelihood of an audit and undermine its benefits.How to Avoid This PitfallWork with the right professionals.

For instance, if the concrete cracks, it must be more than 1/4" of displacement before it is considered defective and calls for repair or replacement.  

The important part is that you become 10DLC / A2P compliant and you follow best practices.

However, it ensures that the wholesaler is compliant with state laws, protecting them from legal risks.

Anything involving a service animal and ADA should be directly consulting an attorney on the matter as every case is different. 

.✅ Criminal Background Check – A nationwide search helps flag potential safety concerns while staying compliant with local laws.✅ Eviction History – Past evictions are one of the strongest predictors of future rental issues—this is a must-have in any screening.✅ Income Verification – Don’t rely on chasing pay stubs or bank statements, as they can be manipulated.

Unless you monitor regulations full-time, staying compliant is nearly impossible—and a single mistake can cost more than years of property management fees.Properties don't pay rent—tenants do.