Most if this likely will cover overhead, like employees, an office, etcAbout $20mm in Acquisition fees, which will be split up depending on GP ownership.

Now, most of these smaller banks may only have 12 employees or so.

Almost like you own a company and your employee while on the job does something wrong to the client and the client sues the company not the employee.

At the moment GoPuff is cutting expenses: While initial reports said just 3% of the Philly-founded company's 15,000 employees would be affected, LinkedIn data and announcements show it may be many hundreds more. 

Single-family home sales increased 4.1 percent year-over-year;Days on Market (DOM) for single-family homes dropped from 46 to 38;Total property sales rose 4.3 percent with 12,149 units sold;Total dollar volume increased 15.7 percent to $4.6 billion;The single-family average price rose 11.4 percent to $410,923, the highest of all time, and the first time that pricing has topped $400,000; The single-family median price increased 15.5 percent to $335,000 – also a record;Single-family home months of inventory registered a 1.3-months supply, unchanged from one year earlier;Townhome/condominium sales rose 8.7 percent with the average price up 5.8 percent to $255,334 and the median price up 10.4 percent to $215,000;Single-family home rentals rose 18.3 percent with the average rent up 6.7 percent to $2,075;Townhome/condominium leases were unchanged with the average rent up 7.6 percent to $1,852.Source HAR

Our Property Manager owned this property and rented it to his employees.

Our Property Manager owned this property and rented it to his employees.

Theres a difference between hiring an outsode company and hiring an employee at your company... otherwise every maintenance man would need a contractor license, the receptionist at the apartment building would needna real estate license.

@Brian ElstonHow long have you been a 1099 employee?  

Please do not claim the status without qualifying as one. if she is spending 2000hrs as a W-2 employee, you have to spend 2000 hrs in materially participating real estate as well (750 hours is not going to help).