., he just claims he lost his job, sends over a CDC declaration 2x/month and the judges end it there. 

Do your accounting in one place, so you can get reports per property as well as aggregate them for tax time.I did that using Quickbooks and declaring each property (using the street name) as a unique Class Name. 

To declare a property management business on Sch C and deduct common for all properties expenses such as car, management etc and to allocate individual property expenses/income to sch E for each property?

In my layman's point of view, its a fine line whether you are brokering real estate or not as a wholesaler.Also, how are you going to even start the transaction if you don't declare that you are wholesaling? 

You don't have to declare who is in control of the LLC each year.

I failed to mention that we declared bankruptcy in February of 2015.

About 20 years ago a house I lived in when suddenly declared "in a flood plain" and my mortgage company demanded I get flood insurance, I freaked out, called my insurance agent, who was also on the city council,,it turned out the back 2' of the property were in the flood zone,,nothing close to the house.

Heck, what if the government declares an eviction moratorium and your tenants don’t pay for 2 years?

How formal of a process is it to declare the "placed in service date"? 

What happens when multiple counties, cities, and states have to declare bankruptcy?