I don't just want 50% of the profits, I want 50% ownership and stake in the houses we're buying.

Tax reform was passed and tax professionals were looking to properly implement the changes from the tax reform, more specifically section 199A, qualified business income deduction.If the entities only activity is ownership in an apartment complex and the books/records are accurately kept along with there not being too many partners in the entity or much change in ownership in the entity, then yes, early in the year is feasable.However, if there is a lot of changes in ownership during the year and there is a lot of activity with ownership in other entities, then it may be difficult to have the return filed by 3/15.A lot of large syndicaitons do issue "estimate K-1's" before 4/15 so investors can file a proper extension.I also know Partners at a lot of large public accounting firms were not signing any partnership return that had 199A implications before 3/15.I am surprised everyone said they got k-1's by end of January...sometimes the IRS and states doesn't even release forms by that date...

After closing I communicated with the tenants regarding change of ownership, new place to send rent, etc.

If you start owning different classes of property then consider grouping ownership in separate LLCs by class of risk. 

Experienced borrower with an extremely strong balance sheet4. 3 or more years property ownership on refinance5.

In that situation the right investment for each could be very different, and something that's good for one might be terrible for the other (and vice versa).On the other side of the coin, someone without much net worth or income is pretty much forced to one thing: direct ownership of property.

The last one on mindset is Extreme Ownership by Jocko Willink.

It's not completely true, but you can always transition the ownership of a property you initially bought in your name to one of your Child LLC's.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊Please send us any feedback via email, as we do not use the DM feature here.

You have to have a certain amount of ownership in the company that you are providing services for if you want the hours to count towards the 750 hour test.So, it doesn't look like the hours will count.