So, under lying your”S Corp” is a regular Corp, aka C Corp, or a LLCI’m guessing your cpa wants you out of a s corp status since your income is passive and a S Corp is useful if you have active income.

I am a solid Class C investor and have been for 15 years. 

I like up North, growing area, C/B area for the most part.

Schedule C if you a sole proprietor) & you do not have any w-2 employees working for your self-employed business or otherwise.2.

Funds come in direct deposit in to bank account A (1099) X Percent stays in account AY Percent goes to account BZ Percent goes to account CB and C have the option of being Checking or Savings.MUST Be percentages NOT dollar amounts.

Noted @Alan C..

Also, if you can think of Option C, you are a rock-star!

The property is zoned E-TU-C (two units) but the basement unit does not currently hold that zoning.

Originally posted by @Josh C.

The little regional banks and credit unions will always lag a bit -- it would not surprise me at all if that 95% c/o product went away 2-3 weeks ago, but the "non-essential" website update people have not updated it yet.