Ana,I'm still a rookie, however working with a singular local insurance company on our rental policies vs corporate ones is worth a little extra a year.

So, the same number (and income type) still shows up on your 1040...If you want to make it really complicated, your multi-member LLC, assuming you have a mult-member LLC, can elect to be taxed as a S Corp or C Corp. 

These must be setup through a partnership or corporation (usually you'll create an LLC expressly for this purpose).

This conversation is so prevalent that I feel like there is some big time lobbying money or corporate initiative trying to convince the general public that a credit inquiry is financial suicide. 

steveI did a podcast last week with an advisor who mentioned a loophole in the covid situation whereas if you were affected (again this is step 1), people could take money at of their corporate 401k and put it in a self directed Ira.

If you currently dont have real estate in your name, look into NACA (Neighboorhood Assistance Corporation of America). 

We will be pre-screening future potential tenants via a Google Form, an idea we found here on the forums and have already put into action.The potential tenants are a younger couple, are "very interested" in the unit, applied to our listing on Cozy within an hour of viewing the unit and each purchased the credit & background checks as well.The couple currently live separately from one another and they're now looking for a place together.Brief background on the girl:- Non-smoker- Monthly income meets the 3x rent requirement- Background check looks clean (SSN Trace, Civil, Sex Offender, Global Watchlist, National - all are Clear)- Credit score meets the 620 requirement- Credit report looks okay with the majority of her lines of credit showing as currentBrief background on the guy:- Non-smoker- Currently unemployed due to the coronavirus situation- Background check looks clean (SSN Trace, Civil, Sex Offender, Global Watchlist, National - all are Clear)- Credit score does not meet the 620 requirement- Credit report looks horrible (no lines of credit are current, and plenty are in collections)Our thoughts & concerns at this point, and I'm trying to place weight on those where we should and lessen the weight where we shouldn't:-The girl seems to be friendly & polite, her parent's live nearby, and her credit/background checks indicate that she's relatively financially responsible.

Look into NACA.com (Neighborhood Assistance Corporation of America). 

I am starting out from scratch after my divorce and am interested in setting up the right corporate entity and accounting for all of my expenses appropriately. 

Noorda, husband andwife as joint tenants, as TRUSTOR and Investors Title Company as TRUSTEE andEquiFirst Corporation as LENDER, in the stated amount of $301,750.00 in favor ofMortgage Electronic Registration Systems, Inc., (MERS), acting solely as a nomineefor Lender and Lender's successors and assigns as BENEFICIARY, dated November17, 2006, and recorded December 13, 2006, as Entry No. 9939205, in Book 9394, atPage 2796 of Official Records.The beneficial interest under said Deed of Trust was assigned to U.S.