Individual Income Tax Return), Schedule C, E, or F.If the only member of the LLC is not an individual, the LLC income and expenses are reported on the owner/member's tax return.If you do not wish to accept the default classification of disregarded entity, you can:File Form 8832 (Entity Classification Election) to elect corporate status, orFile Form 2553 (Election by a Small Business Corporation) to elect S corporation status.Single-member LLCs may not file a partnership return.Also you did not truly engage in sharing on the points I posted. .....

The second point you made might actually solve all our problems: For tax purposes an LLC can file as an S Corp (file S election w/IRS first)Our properties can be in the LLC - but it will cause us problems if they are on our Schedule E.  

wallet How did you add value to the deal?

.- Your suspended loss will first net with you activity on your sch E and any remaining will be released and offset your other income (capital and W-2 income).

What he is saying is that there is a bill that would provide for an ADU on a (e) triplex development, per SB 1069.

BECU is the most popular, but that was pre-COVID... nowadays they're all over the place.

But I can probably plan on a drop in prices at the outset, but as many have pointed out, R/E DOES ride the wave of inflation overall. 

I think after I have D built, then house E would be in a different beach community a couple hours further away.2.

As long as it is at or above your mortgage balance, you will actually be making money each month if you break even on the sale (plugs the hole in your wallet).Another option is to contact your tenants and see if they would like to buy the house.

We got hacked one time.. one of my clients who we were setting up a construction draw to go out via wire.. we get an e mail from her ( hacked of course) saying she changed her bank account and please send it to the new one..