Thank you for your trust in my extensive 30 years of expertise in commercial investment real estate in Georgia. Leveraging my deep knowledge and local market experience would be invaluable in identifying, analyzing, a...

I’m both an investor and a CPA who works solely with real estate investors, and I’ve seen this stage of scaling from both sides.

However, the extent of these deductions largely depends on how the LLC is taxed—whether as a sole proprietorship (reported on Schedule C), a partnership, or an S corporation.

A good rule of thumb is to make this a requirement in the contract, and get a copy of the endorsement, relying solely on an insurance certificate that states "additional insured" normally isn't sufficient.

We own a local condo that we rent, and I serve as the property manager, which pays me $3000 per year to be the property manager (ie, self-employed, single employee, sole proprietor).

I understand the qualification criteria for REPS but have a slightly unique situation that I haven't found any answers for by searching...99% of my income is from my insurance agency that I solely own.

We require them to submit these, we do NOT tell them what we want as we know most will just agree to anything to "buy more time".4) We offer Cash-for-Keys option to solely gauge interest and do not offer an amount.

Nothing industrial is value distressed. its solely from poor management or $0 income.

So, owners mistakenly think price is the only differentiator – and look for a PMC like they’d shop for groceries☹We encourage you to learn from the mistakes of others by reading posts here on BiggerPockets from owners that picked a PMC solely by price and regretted it.We recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Even if someone gives you a referral, do NOT make the mistake of assuming that just because a PMC met their expectations, they’ll meet your expectations.

@Josh Havekost I'm VERY interested in your experience as I am looking at using them to source and setup an STR for me.