(Again, I repeat, not war zones, merely low-income adjacent to nice schools and amenities, where alot of rehabbing is occurring, and I have a skillful PM for this tenant class.).

And just so you know, I have no problem with you selling a book, I am merely pointing out that you sell something for your time as well and that time is not one on one hence the price can be much lower.

Lastly - merely getting under $150k doesn't let you deduct all losses.

He is also very good at talking the tenant through the situation/symptoms to determine if it is urgent or merely inconvenient and will frequently tell them, "I can come tonight and it will cost you $100.00 or, if it can wait until tomorrow or the next day, it will only cost you $50.00."   

You or the LLC are merely a beneficiary of the Trust, which entitles you to the income from the property.

After three weeks of asking for docs I finally received the last three years of 8825's, but none of them match what the listing agent is telling me (red flag!).

Also, I have a family member that works at the clerk of courts and was going to have her introduce me to someone that may be able to get me RE information.

While this might be true if you're located in Delaware or Illinois, substantial uncertainty exists as to whether the subsidiary LLCs within a series LLC are truly separate judicial entities, or merely financial instruments.

For me RE is a no Brainer due to not ever needing to retire from it like a regular careerOkie .02

I don’t know why Charlotte, you chose to set up your LLC in the first place, but if it was merely to avoid taxes then I’m not sure you did yourself any favors.