Hi @Saj Johnson It is nicely explained in the book, 'Start Your Own Corporation,' by Gary Sutton.

Series LLCs also don't have the same history of case-law in the courts that other entities do, but we could even say that about traditional LLCs versus say, limited partnerships and corporations. 

Extended stay would be something like corporate visitors looking for a short term rental.Yes, we'd like to break even, get to use it a little each year hopefully, and one day retire to that property.

In my experience the rapidity at which corporations are off-shoring jobs is a far greater threat to domestic job stability. 

My end goal is to have everything into a corporation where my personal name is not attached whatsoever but that will take plenty of time, so I am starting from where I am. 

My father got laid off in May and due to his age and high level of expertise its really hard to find a corporate job.

.- Augusta Loophole: An S corporation owner can rent his or her entire home to the S corporation for up to 14 days per year and get big tax deductions.

We're currently working on 30+ ADU projects in San Francisco, mostly in larger apartment buildings for corporate clients but we are doing a few in single family homes or duplexes too.

Two common techniques I have incorporated with clients is to use a double corporation strategy or the utilization of a discretionary irrevocable trust.

My question is, should I keep it as a schedule C on my tax report or create a legel business such as Corp. or LLC ?