Also keep in mind the age and infrastructure charges associated with a property.

You will need to work with a tax professional to analyze your current tax situation (income, deductions, activities, etc.) as well as projected income from the fix and flip business.The benefits have to outweigh the costs (payroll costs, additional tax returns, more stringent reporting and compliance requirements, etc.).One important note - an S Corp is not an entity; it is a tax election.

Congrats on kicking things off at such a young age, you're going to excel.

Even if there is nothing in the lease about smoking, she is still responsible for the damages that her smoking caused.But, with that said, the "age" of the items she damaged also comes into play. 

Most of your worst performers will probably also be your worst homes, whether that's because of neighborhood, age/problems with the house, etc. so that might be a hurdle. 

I understand that anyone over the age of 18 should be listed on the lease regardless.  

Is there a difference based on age or is it based on the age of the roof and the windstorm mitigation done to the house. 

They have been getting more stringent. 

1) No last minute bookings, must book at least X days in advance 2) Minimum ___ night stay (I used 2, some do more)3) Must have at least ___ previous stays 4) Must have ___ previous good reviews, no less than __ stars5) No guests under age ____ (I used 30)

Additionally, while it may be tough to hear, age can be a factor in this industry.