SMLLC = You to the IRS. - You can potentially sell to an S Corp you own.

@Clive Smith I have a sample log in format that follows the IRS Audit Techniques Guides (ATGs).

The IRS won’t allow this as a legitimate deduction.No Tax Benefit from Self-RentEven if you set it up through an S-Corp (which is more complicated), the rent payments you make would be taxable income to the S-Corp.

That matters because rentals are often automatically passive.That also means the taxpayer uses the material participation rules from 1.469-5T to determine whether the STR is passive or not.Having an average guest stay of 7 days or less breaks it out of the definition of being a passive rental under 469.

If you own a business, now is the time to get ahead of key deadlines to avoid IRS penalties and maximize deductions.📅 March 2025 Tax Deadlines:✔️ March 17 – S-Corp (1120-S) & Partnership (1065) tax returns due (if not filing an extension).✔️ March 21 – BOI (Beneficial Ownership Information) Reporting Deadline – New requirement for many businesses.✔️ March 31 – Final deadline to correct & e-file 1099 forms before penalties increase.💰 Tax Deductions Business Owners Shouldn’t Overlook:🏠 Home Office Deduction – If you use a part of your home exclusively and regularly for business, you can deduct a portion of rent, mortgage, utilities, and internet.

As far as home office no longer being an IRS "red flag" I guaranty that if you put a home office deduction on a personal return on Turbo Tax it will move their audit risk needle.

LLC Taxation for FlippingSince you’re flipping the property in under 12 months, the IRS usually treats it as ordinary income because it’s considered a business activity, not a long-term investment.

The IRS language is so very vague in some areas.  

The Newest IRS agents are being discussed as being sent to the border to become default border agents.

The IRS generally does not allow switching back and forth between aggregated and non-aggregated status year to year.