So, a LLC or C Corp can elect to be taxed as a S Corp. 

Meant Fannie and Freddie.

I didn't mean the realtor I meant the person at the bank/lender who failed to check the HUD website to search if the condo association was approved. 

So I honestly don't have a crystal ball on what the election or covid will do to our market in the next 12-18 months.

There was one last year where I put"Deteriorated flashing and water diverter at chimney to be replaced"  I meant this to mean all deteriorated flashing....and the water diverter at the chimney to be 2 different things....they read it as only the flashing at the chimney. 

As in: business will pay exactly the same amount of taxes with or without forming an LLC.An exception hinted at by Eamonn: when an LLC elects to be taxed as a corporation, such LLC might gain tax benefits of a corporation, but this still does not qualify as a "tax benefit of an LLC."

I thought that meant she was able to get us a lower price.

One day more than a year meant that the property would be reported on two consecutive tax returns so optically it looked longer3.

On the income side, you're right to use current rents instead of market because you're stuck with the current tenants until they elect to move (or you come to a "cash for keys" agreement with any).

Example, my wife and I both elect to make pretty large contributions to our retirement accounts that are equal.