If your goal is to reduce that self-employment tax to a minimum, an S Corporation is the best entity to use.

We structured our deals a few different ways, 1)  in our IRA where we funded a mortgage to purchase with a profit split, and 2) directly purchasing the property in our name with a profit split.

Thank you for pointing me in a direction that could make this work!

She asked me why I didn't call her directly and if I knew the house was listed on her website.

Cleveland is a very big area, if you get more specific you can be pointed in the right direction to a PM that manages in that area.

Can someone point me in the right direction?

Networking with as many people as possible can help catapult you in the right direction.

(d) Whether asserted as a claim or counterclaim, a tenant may recover damages directly arising from a breach of the warranty of habitability, which may include, but are not limited to, any reduction in the fair rental value of the dwelling unit, in any court of competent jurisdiction.(2) If a rental agreement contains a provision for either party in an action related to the rental agreement to obtain attorney fees and costs, then the prevailing party in any action brought under this part 5 shall be entitled to recover reasonable attorney fees and costs.HISTORY: Source: L. 2008: Entire part added, p. 1824, § 3, effective September 1.Gail

I self-manage the properties, and have found that the swamp coolers take more maintenance. 

Hi All, While shifting gradually (15 years) from IT to real estate (10 years now F/T) and building a portfolio for self and others I'm actively pursuing to unlock equity in order to ramp up either residential or mixed use value-add properties in designated farms in Central to Northern New Jersey.Always open to J/V, sharing & learnig for a win-win.Chees!