How they use the $ does not impact how you are taxed was what I was referring too

Say 30% tax rate on the $50,000 then a $35,000 negative impact.  

And are you seeing major weather events impacting occupancy rates? 

In this case, is there any impact on the cost seg etc.

Regarding your first question: the choice between Schedule E and Schedule C can significantly impact the taxation of your income, particularly in scenarios involving rental properties or self-employment.

@Hannah Potter Here are the things that many CPAs support their clients with:Understanding tax impact of short-term vs. long-term vs. flip before you buyWhich entity structure is best for goals and investment property typeTax and compliance on LLC or S-CorpHow to transfer property out of personal name into LLC (hard to buy 1st through entity)Ways to optimize taxes throughout the yearHow best to set up accounting to track income and expenses (doing this late is a mess)Feedback on property management systems, accounting systems. systems, etcEstimated payments to avoid penaltiesKnowing when to file and getting things in on timeMaybe a few things I missed, but this is the high-level ….. if you can get answers to the above questions on your own, plan, and file your own taxes then you can avoid the expense of a CPA.

Just impacts the max leverage.

The shorter the prepayment term has an impact on increasing the rate.4.

It's also recommended to talk to lenders about any potential impacts on financing or loan terms when forming an LLC.A revocable living trust can provide benefits for estate planning and asset management, but it may not offer the same level of liability protection.

Of course, it has more than likely had a positive physical impact.