The income was nice to come into, but for work/life balance and peace of mind, the extra stress of managing such a huge facility isn't worth it.

If you're cooking them breakfast and turning the sheets every morning that would be Schedule C.

The exception is if you're running what essentially amounts to a hotel or motel, running a parking lot, or running a storage facility/warehouse.Real estate is also generally "per se" passive and subject to the passive activity loss rules unless you are an RE pro.Your returns should be amended for the tax years with open statute of limitations. 

If they were cooking meth, there are serious health hazards.

My concern is renting rooms via permanent supportive housing for homeless as well as co-living facilities for mellinials students and etc.My question is regarding maximum occupancy laws governing the city of Los Angeles.

One side of the town is these plant facilities and buildings and the other side is the nice area with college degree earners etc.The manufacturing jobs that get paid weekly those run more like hotels even though they are not one.

I thought that since I'm house hacking this duplex, I could even offer some of housekeeping services at like a bed and breakfast (minus the cooking breakfast for them).I definitely have a lot of research to be doing.

Capital improvement plans for up to an additional 3 residential units to be built out within 6-9 months, with an additional community room, updated laundry facilities that will generate an additional 24% increase in gross income upon re-stabilization.

Capital improvement plans for up to an additional 3 residential units to be built out within 6-9 months, with an additional community room, updated laundry facilities that will generate an additional 24% increase in gross income upon re-stabilization.

In my book, if the unit has laundry facilities I would not charge the tenant more for the water usage.