It would be helpful to describe the equity or ownership status in this doc.

A.I. status would be shown on a certificate of insurance and does provide additional rights and coverages to the named A.I.  

It’s a prohibited transaction.That means you should hire a management firm to co manage or lease your property to , maintaining your status as a passive investor.

I meet REPS status and I’m looking to cost seg some of my properties to offset me and my wife’s active income taxes as well as the passive gains from our rental properties.

He also gave me lots of useful suggestions, updated me when the guaranteed rent would show up in my bank account, chased my new PM to update me about the leasing statuses and a lot more.

Do i need to fill those even if my current status is :  non resident alien?

You might have to pay more for the down payment if you keep the same lender, but if you find another lender that can give you that primary residence status then you have another house.

Creating an LLC is easy and can be done yourself for very very cheap.Creating an LLC that will provide asset protection when attacked, is another ballgame.First you would need to make sure that the structure that you have chosen is adapted to your specific needs (single or multi member LLC, member managed or manager managed, which state to register, choice of registered agent, choice of anonymity options, choice of taxation status...)Then you will need a strong asset protection oriented operating agreement.

However, it is also possible that the property manager should have been more vigilant in checking the status of the case and notifying you.

In this instance of operating a rehabbing operation, I would set up a corporation and elect S status.