I'm doing this pro se, so no lawyer.   

@John D.To learn more about what qualifies as self-employment income in order to open a solo 401k plan, see the following: https://www.irs.gov/businesses/small-businesses-se...Also, IRS Publication 560 (the publication for self-employed plans such as SEP and SIMPLE IRAs, ans solo 401k plans) has a section that gives examples of self-employment activity.

Option A: It won't be necessary for buyers to pay their agent "out of their pocket" per se, because lenders are already working on loan products for buyers to roll that commission into the loan.

I'm not risk averse per se but I'm just trying not to get wiped out. 

You do not need to do any of those tests for short-term rentals.They are one of six exceptions to the per se passive rules.It's in the temp regs 1.469-1T Exceptions.

We definitely are going to pull the trigger this year and do it, time to learn while on the job per se.

Even if your home wouldn't be an investment property per se, inventory is super low and you might find someone here looking for a primary residence.

Also be aware that you have to pay SE tax using Sch C. 

I am a bit confused as to why you have a $7,600 swing by changing entity type, I could see it causing some difference in accountant fees at the very least if you're including them in that, and maybe something with SE tax, but $7,600 for a new business seems a little much.

If you are W2 going to 1099 SE (Self employed) then not for 12 months using bank statement loan or a (1 year) 1099 program.