Separating rental income to reduce Obamacare MAGI

[Steve Legnaioli]

I have a chance to rent out a large room for $2000 a month in my primary residence where I live (Key West prices). I am unemployed, my wife makes about $65,000 a year working, for our healthcare we are receiving Obamacare credits , So we purchase our healthcare through the marketplace. The phase out number for Obamacare credits for us is about $65,000, if we make one dollar more than the phaseout number, we lose all the credits. Is there a way for me to collect rent for this room, and keep it separate from my MAGI I report to the ACA ?

I understand that some of that money can be deducted for certain expenses, but $2000 a month is a large number to account for in that manner. Could a S Corp. be created to collect rent in someway?  Could I lease my house to my own S Corp. to sublet?
thanks