It is all on the SEC edgard website. every reg a offering is public record.

A life hack - depending on where it is - can you find a good public parking place that is relatively secure nearby?

The total cost is not unreasonable, but I am questioning if it's all truly needed.To give you a better idea, he has a few packages available that scale up in price and services:Bronze ($497): Includes LLC formation, a custom operating agreement, and a year of statutory agent service.Silver ($897): Adds the EIN, an LLC operations manual, and some ongoing compliance/task alerts.Gold ($1,397): The most comprehensive package, which includes a revocable living trust to keep our names off public records for privacy/asset protection.The 70+ page estimate came as a surprise, and it makes me question if this is a standard requirement for a new partnership.I'm hoping to get some insight from those of you who have created similar partnerships:1) Is this a normal process?

The IRS requires the hours to be specifically in real estate trades or businesses, which typically means activities directly related to owning, developing, operating, or managing real estate properties.IRS Publication 925 outlines what counts as real estate trade or business activities, like development, construction, acquisition, management, leasing, and rental operations.

Give proper notice when due, and then don't renew the lease when it is up.Tenants, especially experienced ones like yours, will understand that if they have a judgment after an l/t court case, they may lose their voucher if the judgment is left unpaid.Just a note:  you can easily check public records through the Unified Judicial System to investigate if a potential tenant has been evicted or charged with crimes.  

It also keeps your name off public records in many states, makes partnerships cleaner, and looks more professional when dealing with contractors or vendors.

The company is even expanding globally and now offering public investment in Pacaso itself.

There’s no public data showing the IRS is targeting specific deductions.

The key is really in location (close to campus and public transport), setting clear lease terms, and sometimes even renting by the room instead of one lease for the whole house.

-----First: A public service announcement....Will you be in Las Vegas next week at the Bigger Pockets Conference?