The regulations provide both insight and ambiguity.25% or more owner of the entity; OROne who exhibits significant control over the entity.

Readers should seek professional advice.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

As @Brett Synicky suggested, keep it simple, as a sole proprietorship.You are also not considering that you will have to pay $800 per year and per LLC to your greedy state.In short, get some professional advice instead of TikTok advice.

Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

As always, consult with your licensed tax professional for qualifying, tax implications and strategy.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hi All,I’m excited to join this platform and connect with other professionals in the real estate industry.