But how do you know when to make that move?

Drop me a PM and I will send you to who we use.  

I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?

At a very base level, make sure the property is up to health and safety codes for your location. 

I'm trying to buy, fix, and rent real estate and created an LLC with my partner who is putting up most of the capital but he will not handle operations at all.

They told me to collect the fee up front which obviously I cannot do.

It didn't occur to me when I shopped for this policy, but will our rentals even be covered due to different ownership?   

I just started and would love to network!

Welcome to the show.

I do typically pick up at least a few clients each year who have use 1800Accountants in the past.