However, since they would both be owned by your holding LLC, they can each "kick up" directly to the holding LLC.To the point made by @Charley Gates, having a record of annual "minutes" is another added (and thorough) layer of your annual corporate maintenance to have as proof that you are in fact treating the LLC entity as its own separate entity, and not an alter ego of yourself. 

However, if you want to enjoy your property there and cover your costs with rentals, I imagine that that would work and I don't think you'd lose money.The question is how Costa Rica being a gem would translate in you making money. 

Something is leaking downstream from the shut off valve, then.A 1 gal/minute leak translates into 58 ccf/month, so that one leak may well account for a bunch of your overage. 

I don't often join in on conversations about Smartland as I feel they should develop on their own and not alter based on what I have to say.

Since most real estate expenses are fixed, increased revenues translate almost dollar-for-dollar into increased profits.

@Alex V. yeah if we can make this more accurate I'm all for whatever alterations need to be made, and I always want to calculate on the conservative side.

@Kristi Wolfe I understand the frustration with the games and if your former tenant were ever to get a paper trail behind her it could seriously alter her choices in future screenings.

If I ever got tired of using it as a vacation home it translates easily into a regular profitable long term rental, or because I bought in a neighborhood with low HOA and attractive to home buyers, and paid a reasonably low price/sf, I also have a good sales exit strategy.

That must be a mistake. 12% per diem = 12% per DAY (when you translate from Latin). 12 % times 365 = 4380% annually.

She went on a date with a guy and they were sacrificing at an alter.