Even if you are 'net positive' and must pay taxes, you have a benefit from depreciation that year, because you still got to offset the income from the property with the 'non-cash' expense.If you had chosen non-real-estate investments, and generated a similar return, you would not have the depreciation to offset it.

Don't open a VA LLC you need to register this LLC in SC as foreign company, so you have to set 2x taxes, not good in your case.I'm surprised that Legal Zoom told you this thing with the address, maybe you had not chosen an registered agent but this is wanted by state?

There are members who have no colleagues other than @Joshua Dorkin for whatever reason that they have chosen.  

I could not have chosen a better path even if I planned it. 

It was chosen as a comparison to show this fact.

Rather than rehashing these recent posts, please do search the forums and you'll find a lot on this topic.Clearly I am someone who's chosen to license:)

Unless the chosen investors pay zestimate prices, in which case they will be out of business within a year. 

. :) I work for a company that deals mainly with college students and as most of you know, Social Media is the chosen 'realm' in which the younger generation will BLAST companies if they are not satisfied. 

Google, Apple, Facebook, Uber, Argo AI, and many others not to mention the startups thanks to many graduates of CMU, Pitt and many other universities who have chosen to stay.

They are spending their hard earned money for a vacation and have chosen our home.