Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

Now my question is, should I establish a corporation entity for my rental in order to claim the business as additional income?

Regarding lenders, reach out to AAPL (American Association of Private Lenders) and see if they have any members who operate in the ADU space.

This got me thinking about using a home warranty service, like CenterPoint or American Home Shield, for various repairs and replacements like this.

Big take away, the majority of Americans are happy with their jobs. 

He has the answer for the average American - the family with no savings, but tons of credit card debt, that's living paycheck to paycheck.

I am a CPA in Missouri and currently work for a large corporation in the St.

Corporations don't have personal exemptions like individuals do.

Must you you use a corporation to shelter your passive income from taxes to do this?

http://www.eastbaytimes.com/2016/06/15/tiny-houses-gain-popularity-in-bay-area-but-also-face-obstacles/From the article:“The biggest hurdle is finding a place to put the tiny house because most zoning doesn’t allow for a tiny house on wheels, either on its own land or in someone’s backyard,” said Elaine Walker, co-founder of the American Tiny House Association, a clearinghouse of information about tiny houses.