The attorney mentioned that she would draft the operating agreement to protect my initial investment from future marital disputes (currently single) as the funding for the startup is coming from an inheritance. 

Bank wont take me as a co-borrower because of my residency status.

Even if you elect S-Corp status, and go about it in more difficult way and issue yourself a W-2, it'll still end up on your personal taxes.

@Shaun C.looks like under contract I got a Redfin alert this am in my email (favorite a home and it will update you on status)Good luck with inspections and hope you wrap this one up and get it sold 

There is an income cap per year on depreciation but if someone such as your wife can get real estate professional status then there is no annual cap.  

It would offer a better example than the bank of people across the US saving (and not spending) where the paid off mortgage replaces the BMW as the status symbol choice (DR catchphrase)....Best of luck!

Everyone has a different opinion on the status of the market in Los Angeles.  

You can check license status as well as violations.

Anyone with a pension is a good candidate to fit this status.

We ended mitigation with a scheduled status update hearing date (to see if we resolved the claim out of court as the seller rep wanted to talk to the seller) and, simultaneously, and a scheduled hearing date (just in case we couldn't come to a resolution at some point).