And the conversation carried and luckily the broker was much much more polite in person and apologize for her story to the class.I met the broker, the agent, and the CL100 inspector this morning, and I think we have them back to a good place. 

remember the 100+ year old part... its a bit musty, but we can fix that)My goal is to hang up the corporate gig in 24 months (and yes, I said that 12 months ago)... now getting some more doors in the portfolio will actually allow that plan to unfold.

If you feel that a post was removed in error (moderators ARE human and we do make mistakes) then POLITELY ask that they reconsider.

UBIT applies to a solo 401k if it buys equity in a business that offers goods or services and is not structured as a C-corporation.

The residence can then be rented within the S corporation and depreciated at a stepped up value (purchase/selling price).

I diversify my rentals between the "Short short" (30 days or less) business model and "long short/corporate rental" (30 days or more) business model so I don't like to take all my bookings through Airbnb & VRBO.

Corporations and LLCs cannot represent themselves in legal proceedings, unlike individuals.

Bring some cookies or breakfast tacos and be kind and polite......very polite. 

One bit of advice from one BP member to another Make sure you have a really good set of corporate resolution docs, non competes, a really good set of policies and procedures and communicate daily on expectations, goals, and EVERYTHING!

Also if you run other businesses, a different structure might be more helpful.Currently, seeing that the corporate tax rate was lowered significantly, depending on how much profit you want to reinvest in the business, an actual corporation may have some benefits as well.I'll say that generally an S-Corp would be the way to go, but there may be situations that make a corporation tempting.Be sure to work with a CPA that knows your specific situation.