The toilet instructions and several pro plumbers specified mounting the flange on top of the finished floor.

So, I honestly don't believe I'd have a difficult time following your lead & grasping what would be the natural extension of the concepts I've studied as you instructed on how to put them into practice.

But then I wonder if I even want a tenant that won't follow a few extra instructions? 

Fun fact about me: I was a snowboarding instructor

Anything else, including IRS instructions and online articles, is not.I suspect one of these individuals will not be able to pro-offer anything authoritative for his/her position...Good luck.

They will then be able to instruct you properly on whether it makes sense to be taxed a Subchapter S-Corp.  

When I first got started in this business I wanted to do the same thing but I was instructed not to for the reasons mentioned above.

On form 1065 Schedule B, the instructions state that you do NOT need to complete schedules L, M-1, or Item L on Schedule K-1 if you satisfy all four conditions of Line 6, which is true for us.

Also unless one instructs closing instructions correctly on drawing the deed one will be recorded as trustee as most signify the trustee in front of the trust name.

Inside was a very, very, very obviously not REAL check, with a GIANT "VOID" stamp right on it, with instructions to call us for a real check.