.: Quote from @Adam Michael Andrews: OP is asking the wrong question.

Quote from @Michael Smythe: @Christian Gibbs let's look at this logically.PMCs either charge a percentage of collect rents or a flat fee.If they charge a percentage of collected rent, they typically are incentivized to get a property ready to rent quickly and find a good tenant.-- But, what happens if the owner wants to drag out repairs with requests for multiple bids, takes weeks to review and approve those bids and then take even more time to send funding?

The same is true for a house—placing a tax-advantaged asset into a tax-advantaged investing account cancels the tax advantages (or many of the immediate ones).Maybe @Michael Plaks or @Kaaren Hall can explain this better or correct my understanding here?

Quote from @Rud Sev: Hi Michael,Thank you, I will message my CPA asking for a more detailed explanation.I've been inquisitive with my CPA, but unless I ask question I do not get explanation (and unfortunately not a walk-through), although I've shown interest understanding this further and further.I'll try to reformulate my question more clearer (and with more data) - the problem that I have and will have is figuring out if my questions and confusion are due to a lack of understanding on my part, or my CPA is truly making mistakes.Regarding carry back, thank you for this info.

Thank you Michael!

Quote from @Michael Daley: Quote from @AJ Wong: HI Michael, congrats on the success to date.

@Michael Ohara thanks!!

Quote from @Michael K Gallagher: @Eric Carr as a native New Hamshireite That does not surprise me in the slightest...that state is the truest form of of this country....they want their guns, their land, and their money, and don't you dare try and tell them to wear a seatbelt! 

Hi Michael,I have evidence.

Quote from @Michael Dallas: Quote from @Jay Hinrichs: Quote from @Michael Dallas: Quote from @Bill B.