,Renting your primary home back to yourself isn’t typically allowed by the IRS for tax purposes, even if structured through an LLC.

For instance, your bathroom picture is so close up that it looks even smaller than it probably is.

Both accounts same bank they even froze her roommates account at the same bank and he had nothing to do with real estate no existing loan family member is alive.

I have had wonderful renters each year, relocations to my area who need temporary housing, but this year have not had even a single inquiry (priced the same as previous years).

Even if I take the 15% tax hit I would make $32,000/ year on the remaining $400,000.    

Definitely do a search here for some recent stories on capital calls and risks with syndications...even on some that have been operating many years...

I'm working on getting my bigger pockets pro account finalized even though I've been a member for about 1.5 years.

Just don't see the S-Corp or another LLC having a place here..I've heard tax advisors say it takes around $70k min of self employment income for the break even point for S-Corp to make sense.

When choosing tenants (I am in California), it's important to avoid even the appearance of discrimination, especially during in-person meetings.

But the competition is high so cash flow or even break even can be an unphill battle unless you're willing to put money into the property.