I have been that 1) the payments should go to the "Name of entity" listed in Line 1, regardless of business/ LLC name you put in line 2 and that 2) since a single member LLC is a disregarded entity, use your personal name with your SSN.

I have hundreds of friends and family (as all Indians do :) who are busy doctors and when I have sat down and discussed their forays into private real estate, they have usually not done as well as they intended to, and they have almost always miscalculated their returns significantly as well.

I want to make my business recession proof now.

Anthony, Do not, I repeat do not take motivation from someone that tells you that you can't succeed in this business.

It's a numbers business.

My goal is to generate income since I am closing my business which is my 9-5.

I've used Godaddy for years one a few different businesses and personal sites.

Thought about it and since I’m in the construction business, I’m looking to take more of a hands on approach.

After 3 business days has passed and you did not accept any rent then you can file for eviction with the courts.

Thanks for the responses everyone, the confusing part to me was if I use the deductions against active income year 1 since STR's are an active business, but then switch to LTR's year 2 which correct me if I'm wrong can't count against active income- if this in some way has a disadvantage with recapture, etc. since the STR business would no longer exist