The consideration for the option is a separate, one-time fee. 

Or does it need to be added separately?

Also has a detached garage that rents out separately for extra income. 

If it's secured by a residence or other asset completely separate from elective contributions, it might be deductible depending what the funds are used for.Corporations are generally not well suited for rentals from a tax perspective.

As an aspiring business owner I prefer having an established business entity, separate business checking/finances, business history.When I give my tax info to my accountant at the end of the year everything reconciles to one account or one credit card.Not that you couldn't keep track of all this information via other tools but I prefer it this way.

I think what separates early success from those who fail, give up or never get started is a combination of 3 things:1.

And that is, finding a property with a detached garage or a basement with a separate entrance/exit and converting that space into an additional dwelling unit (called an ADU) which I can either rent out short term on airbnb/vrbo or longer term.

We have already had 4 separate groups of guests and are booked for the rest of November, a large portion of December, and we are currently entertaining a request for a three-month stay Jan-Mar.

Once I decided to move on, I would put a long term tenant in and still be legal (or vice versa).If I do separate the garage into a studio/1 bed, then I will target traveling nurses because I have a few hospitals in the vicinity.

I didn't mention this in my initial post, but we also have a separate emergency fund already running for this startup, with about $10k saved so far.