I would suggest a more informal approach - experienced investors are generally happy to share knowledge, but it can be a turnoff if the person asking is completely selfish about their intentions. 

The penalties for not filing are as follows (for 2018)$50 per form if you are late filing, but file within 30 days of the due date$100 per form if you are late filing, but file by August 1$270 per form for filing after August 1 or non filerThere used to be an "intentional disregard" penalty of $540 per form, but I'm not seeing it in this year's regulations.The due date is January 31, but you can get a 30 day extension if you send in the proper form.If the IRS categorizes your rental as a trade or business, it is up to you to prove that it is not. 

Ill be there. 

Originally posted by @John Underwood:@Chewie G.That is the story from several expert CPA's that are in my real estate club and study the rules intensely.The IRS doesn't care about your other sources of income and if this is really what the CPAs in your club are saying, they might want to study the rules even more intently. 

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.