Truth be told I've been self employed for 20+ years and have multiple endeavors going at any given time, with Real Estate always being one of them.  

For example, assessment records may show a house on the property, but it may have been torn down a couple years prior.

#helpme I am online looking at the assessed value of the property and it is way below what they are asking.

Ultimately, I decided to self manage for the learning experience and cost savings. 

., it is not your self-employed business).

.- if you click on education (at the very top of the screen) that is the doorway to never ending info to get you heading in the right direction, to achieve your goals. set small goals for your self and hold yourself to it!

If this is such as major issue that they sent a letter around, and they feel everyone should do it, then the best way to make sure it's done is they make it building wide project.When they do these projects however, they either increase the monthly fees for everyone, or do a one time assessment charge.

That being said, I do agree with you about getting out while the market is this hot and reinvesting into a different one where I can get better cash flow for my objectives.  

Also - what is assessed tax?

This amounts to the same LLC, but taxed as an S corp.The reasoning to convert to an S corp is to avoid the self employment tax which is quite high.