This might offer more security but also could complicate tax reporting.Taxation of Y as an S Corp:If Y is profitable, electing S Corp status could reduce self-employment taxes, but it also comes with more stringent IRS rules.

We knew it would sell for a great profit because of the location.

How could this create a more sustainable and profitable investment strategy?

And IF he makes a “sale” the majority of the “profit” goes to the person with the actual cash (buyer).

Your potential profit from renting is non-existent. 

How important is profit vs protecting your asset for a future use?  

I’d love to cut the cost of our rent and maybe have a profit on top.My questions are: How does the market look for House Hacks at this time?

I am an Airbnb owner myself and understand the amount of expenses that incur with a short-term rental and you feel as if your profit margins are getting smaller and smaller. 

In contrast, Indio, Bermuda Dunes, and Coachella currently have more relaxed regulations and fees for STRs, making them potentially more profitable for investors.On that note, I have a mid-century house located in Indio (No HOA) that may be of interest to you or anyone else looking for an STR property in the area.

Hey Gabriel,This is very deal specific, but we don't look at it as a per door profit as there will be some months where that 1 door doesn't make anything due to vacancy, turnover etc.