and with a little backing from google, you do know when you are being negligent:There are four important elements to a negligence lawsuit that must be proven: The defendant owed a duty, either to the plaintiff or to the general public The defendant violated that duty The defendant's violation of the duty resulted in harm to the plaintiff The plaintiff's injury was foreseeable by a reasonable person.I realize you are a lawyer and see a different side, and I respect what you are saying, and respect what you've done.

It's a gift to the government for having not thought through your structure properly.Now if you had been a regular LLC, you never would have paid that $1953 in tax because all competent software recognizes that you already met your Social Security limit and all is well.Now, if you've got relatively lower salary and lower S-corp salary that does not go over the Social Security limit when combined, then it's no harm, no foul and you absolutely do save a lot of taxes in structuring as an S-Corp.Guys - taxation is NEVER cut and dried.  

@Taylor KamalMold is potentially harmful to your health.

It is best for a newbie to learn not to waste time on calculations that have no use to them and are actually harmful since you'd be screening out profitable deals.

And there is no chance what so ever that the smell can harm somebody or make them high.

I don't know how savvy your buyers are, but I would be calculating the expense and headache of ripping out that tile and replacing it and again, would adjust my offer price accordingly.Just a potential buyer's perspective (though I still can't quite wrap my Bay Area head around a $79k property that is actually habitable!).

Verify State regs on deposits; eg in Calif we cancollect first + lastORcollect first + security deposit which can not be larger than 2x the rentYoung tenants have habits that disturb others;  loud music, many visitors, large parties that disrupt the neighbors.  

re the VA @Carlos PtriawanWhen our government announced that forbearance on mortgages should be available there were no laws no standards no rules as to who gets what terms.It's not the "lender" it's the servicer and trustee of the note who is financially harmed.

In general my understanding is that HOA fees should not be greater than any harm done to the HOA.

From the California Association of Realtors website: "C.A.R. is actively working to defeat two bills that will further harm property owners and exacerbate the state’s housing crisis: AB 1771 (Ward) and AB 2050 (Lee).C.A.R. strongly opposes to AB 1771 (Ward) which would unfairly penalize property owners with up to a 25 percent tax if a property is sold before seven years from its original date of purchase.