So it sounds correct to collect all amounts into my business account then and send a 1099 to the owner reflecting what they received minus the PM fee?

The property that you sell and then purchase through a 1031 Exchange must be held for rental, investment (capital appreciation), or used in a business. 

We want to grow our real estate business to be able to quit our jobs.

Might want to tuck that (and your TWO years of experience) back in.I guess if you consider doing 80% MORE investor business in 2024 than I did in 2023 "slow", okay then... ha ha ha.But hey - if people like you insist on being a complete jerk here, showing everyone exactly who they are, as Mel Robbins says, I'll "Let them".Who are you, again? 

I am glad to be doing business with his company.

My goal is to leverage equity through private money lending (PML) partnerships while building valuable relationships within the local investment community.How I Can Add Value:With 6+ years of experience running various businesses, I can offer high-level and detailed technical insights to help visualize and automate your operations effectively.For example, I’ve developed a dashboard that tracks company expansions across the greater Phoenix area in real time.

Every day is a school day in this business.

Hey everyone,I'm looking to get started in the short-term rental business and could really use some advice.

Start with small goals, and soon enough, you'll find yourself turning away business.

as one who grew up in the land business brokering land in Napa Sonoma Lake Mendo and humbolt counties..