You cannot get any meaningful answers until you specify what is your "side gig", how much money it's going to bring and how much expenses it's going to incur, and what kind of expenses.And, as a rule of thumb, unless you clear $50k after all expenses, you probably will not benefit from any entities tax-wise. 

They have rules and best practices about how we put these deals together which has collectively saved us from much of the pain being experienced right now in the multifamily space. 

Before the day ended, FinCEN released a public statement regarding the Fifth Circuit's ruling, announcing an extension of certain reporting deadlines to allow more time for compliance.

You'll want to be clear on the IRS rule for material participation if you do decided to switch to property manager. 

The short answer to your question is that the general rule is one year.

Warning: Schedules C claiming expenses without any income are not against the rules, but they are IRS audit flags. 

I’m now looking at another area that’s 3 hours away in the same direction and catching up on some posts about some general str rules of thumb.

We still find deals here that meet the 1% rule, positive cash flowing, and have tons of potential for appreciation.

General rule of thumb that I have noticed about Equity vs.

Asking in the correct forum will get a better response.Read the RULES!