That's your "E-Z Button", you need a good PM so tap-out and get one STAT. 

Currently, we own and operate around 1,900 lots in 12 states, and headquartered in Phoenix, AZ (1176 E Warner Road Gilbert AZ).

@Jonathan B.Assuming you pass the "material participation" test for 2023 and did not use the property yourself (or used very little), you should be able to treat it as an STR for 2023, including bonus depreciation.  

I would definatley not go back to snail mail/checks again.  

If B-E are all treated straight pro rata based on equity in that class, then I am less concerned.  

I am thinking of getting a list of leads and using the owner info to mail postcards or letters to find small multi family.

@Jerell Edmonds is right that many of us, including myself, waited because of fear and feelings. 

Don’t forget about direct mail campaigns as well.

As long as you file it, you have protection from the charge of fraud.Tip: if you file Form 8082 to protect yourself, send your tax return in by mail.  

That comment also seemed to imply that you don't report the rental on Schedule E if you have an LLC, but that's not correct, with a single member LLC it still goes on Schedule E."