https://rebusinessonline.com/austin-an-antonio-office-markets-move-closer-while-retaining-distinct-drivers/

I think there is an important distinction to make between whether or not Airbnb is profitable vs whether or not it is hard to set up.

Now, Let me make a distinction.

This will also create some nuance in the structure, but the items below can really be used for either.I always think of a "partnership" (whether truly a legal partnership, LLC, JV, but I am using it in a general sense) as having two distinct areas.  

Her car has a K&M air filer, which is very distinctive looking.

Gentle lurkers,If you've been lurking around here in the forums long enough, you learn that there is a clear distinction between those people who post things from a place of knowledge and experience, and those people who post things from Fantasy Island, where they are capable landlords with long histories of property ownership behind them.

I realize that I am looking at what all investors want but believe I have 3 distinct advantages, I am a seasoned, intelligent investor with detailede knowlege of bank underwriting, I am very persistent, I have capital.Any advise would be highly appreciated, we are looking for large, commercial mutlfiamilies.Thanks!

And I learned this is a key distinction between Google and Yelp.

But, it is usually not a good idea to hold long-term real estate in an S-Corp because of tax basis, contribution, and distribution issues that can arise when dealing with appreciated assets in addition to missing out on the "step-up" in tax basis upon the sale of LLC interest or death of LLC member.All this to say, two distinct LLCs will give you the option to mitigate self employment tax for flipping activity while retaining all the traditional tax benefits associated with buy and hold real estate.

Vacation homes should be classified as a distinct category from single-family homes (SFH) or multi-family homes (MFH) due to their strategic nature rather than their asset type.