Note that sole proprietor and partership/LLC landlords could not legally apply for those PPP dollars.

If that LLC has chosen to be taxed as a sole proprietor then it too is reported on your personal return - schedule C probably. 

Guys, this is so important that I actually wrote a song that I’m going to play for.Based on what he wrote, I believe he is making the contractors sign something like this: https://grubermotors.com/media...Essentially the form makes contractors state that they: (1) are independent contractors; (2) don't have workers comp coverage for themselves on the basis that they are owners/sole proprietors; and (3) will not pursue (or acknowledge that they won't receive) workers comp benefit from the owner. 

You can do it if you're a sole proprietor (no entities), if you have a single-member disregarded LLC or if you have a partnership, but partnerships require special formalities set up in advance.Even if you could avoid reimbursements, it is really cleaner to do them anyway.

Depending on how you are set up (LLC or sole proprietor) many units you have you may need to have a custodian like Coinbase or Prime Trust to custody the crypto and not accept directly to your personal wallet.You should consider tokenizing your next deal and issuing to a blockchain.  

A sole proprietor is a business, without an entity.An LLC can be especially useful in certain circumstance, such as when partnering on deals.

@John Fider sole proprietor: one dedicated checking account for all business income and expenses, a saving account/s for Capex (one per property or one for all properties, whatever you prefer), transfer a % of gross revenue from each property into saving/s account regularly, Stessa for book keeping to track the income and expenses for each property.

Just take out a $1M-2M umbrella policy for a few hundred dollars a year and stay as a sole-proprietor as long as you can.

What are the next steps i Need to take so Im not taxed as a sole proprietor and that I have everything set up right?

Overall my experience has been great and I have learned alot with actually being a business as a sole proprietor, financial aspects to consider, DIY and contractor experiences, legal considerations and other knowledge gaps such as taxes I wanted to speak with a professional about, and overall confidence for continuing further.