AND The landlord notified the tenant in writing that the tenancy is not subject to the “just cause” and rent increase limitations as specifically described in Civil Code Sections 1946.2(e)(8)(B)(i) and 1947.12(d)(5)(B)(i).

And there's no circumstance in which they can go on Schedule E. i.e., you just take the hit.That makes sense/seems fair.

The "15" is the Price-to-earnings ratio, or "P/E".But that doesn't mean the stock price doesn't move. 

S&P 500 beats RE by double.S&P 500 = $900,000Real Estate = $460,000However, these units are good for someone who wants to dip into real estate while using their unit any time they want with the aforementioned owner perks but without the hassle that ownership brings like maintenance, roof, bad tenants, furnishings, bill payments like SDG&E, internet etc.

You will report your rental income and expenses on Schedule E.

You'd continue to report your rental income and expenses on Schedule E and have the added expense of renewing the LLC each year. 

@Stacy E.

I know a lot of people think the term "modular" is interchangeable with manufactured or mobile, but not here in the N/E.

Duplex - 100% immediate passive income, Tax benefit (schedule E) more deductions to get more back or owe zero at end of year.

They e-mailed me after my move out requesting an additional $1218.25 beyond keeping my deposit and threatening collections if I don't pay it.