What I've found is any property near a drug treatment center or near "the zone" is subject to break ins and squatters.

They must have (1) owned and (2) lived in the real property as their primary residence for at least a combined total of 24 months out of the last 60 months (two out of the last five years) in order to qualify for 121 exclusion treatment.

The rental rates here started to increase two years ago and there are good opportunities to buy flip houses at good prices or ones that need the lipstick treatment for tenants to move in.  

Long Term investing in Home Office space will be a winner.It's a shame the manipulation of the populaton was so sucessful.What you will see coming forth and is now in some scientific studies, is that Ivermectin, Hydroxcloriquine HCQ (used for malaria), Quercetin with zinc, Vitamin D, Vitamin C, all are effective treatments for Covid.

As I mentioned in the original post, I'm certainly no fan of aggressive treatment or overtreatment.

Call the EA that practices in the real estate world of course.I know a MD that thinks Ivermectin (the treatment for Covid) will kill you. 

Yes, an LLC can be treated as an S-Corp for tax purposes, while still have the flexibility of allowing much easier transfers and assignments of interests versus a traditional corporation which is owned by stock shares (and gets complex, if you remember Business Associations from your Bar Exam)The pros/cons list of electing to have an LLc treated as an S-Corp is thorough, but basically, there's a certain "break-even" point where it makes sense to have the S-Corp treatment because the tax advantages outweigh the extra protocols that come with an S-Corp. 

Do we complain when the government gives us preferential tax treatment and Fannie and Freddie loans?

Some states may have preferential treatment if you own/live property in one over the other.

What Ken is saying is that if you are a flipper, as in buying and selling multiple properties a year with no intention to hold them, then you won’t qualify for long-term capital gains tax treatment even if you hold those properties 366 days as you’ll be taxed as a real estate dealer, not an investor.