It's a gift to the government for having not thought through your structure properly.Now if you had been a regular LLC, you never would have paid that $1953 in tax because all competent software recognizes that you already met your Social Security limit and all is well.Now, if you've got relatively lower salary and lower S-corp salary that does not go over the Social Security limit when combined, then it's no harm, no foul and you absolutely do save a lot of taxes in structuring as an S-Corp.Guys - taxation is NEVER cut and dried.  

Is there anyone else here that can provide more substance on them?  

@Taylor KamalMold is potentially harmful to your health.

It is best for a newbie to learn not to waste time on calculations that have no use to them and are actually harmful since you'd be screening out profitable deals.

And there is no chance what so ever that the smell can harm somebody or make them high.

Account Closed, your forgot the folks with substance abuse problems and gambling addictions, and of course those who are really terrible landlords. 

re the VA @Carlos PtriawanWhen our government announced that forbearance on mortgages should be available there were no laws no standards no rules as to who gets what terms.It's not the "lender" it's the servicer and trustee of the note who is financially harmed.

In general my understanding is that HOA fees should not be greater than any harm done to the HOA.

From the California Association of Realtors website: "C.A.R. is actively working to defeat two bills that will further harm property owners and exacerbate the state’s housing crisis: AB 1771 (Ward) and AB 2050 (Lee).C.A.R. strongly opposes to AB 1771 (Ward) which would unfairly penalize property owners with up to a 25 percent tax if a property is sold before seven years from its original date of purchase.

The statue of limitations exposure to an unhealthy substance is 3 years so if they have a problem in 45 years (yes, it takes long term exposure and then decades for it to become a problem) the statute of limitations is long past. ;-) Seriously, long term exposure (decades) is the concern here, not intermittent exposure over a lifetime.2nd there is lead in paint prior to 1978.