Hey @Anthony Dupre, whatever you decide for your entity structure, ensure it's simple enough for you to easily abide by the structure in your day-to-day operations.We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).

Also, you might (unintentionally) scare off potential tenants or potential employees, contractors etc, who think the area is dangerous and they should stay away, or you're an overly aggressive, tough person who will cause issues.

We see so many different entity structures for rental portfolios in our REI Bookkeeping Firm.Ensure it's simple enough for you to easily abide by the structure in your day-to-day operations (which your question is getting at).We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).

But they are getting the advice from people who are either (1) not qualified or experienced enough to rely on their advice (2) biased to some degree, perhaps unintentionally, by their background, business interests, training, etc, or (3) providing advice in a general sense without a thorough understanding of the questioners personal situation or ALL the relevant facts. 

ha ha true--- Loophole is just a more fun word to use and used by my CPA- I think it draws more attention than "IRA Rules" thats just too boring :)I hear ya but in this context, it would mean that it could be closed at any time because it was unintentional and could be under review one day.

(Again, if you have not read this document you really should as you could be found guilty of unintentional, but punishable discrimination)Section B"In the second step of the discriminatory effects analysis, the burden shifts to the housing provider to prove that the challenged policy or practice is justified – that is, that it is necessary to achieve a substantial, legitimate, nondiscriminatory interest of the provider.  

Hey @Conor H.I just completed an unintentional flip in Breck.

It's fairly common for owners to list the wrong mailing address (intentionally or unintentionally).I've even seen vacant lands list vacant lands as the mailing address . . .

But if you’re a buy and gold (unintentional typo, but I’ll keep it ;) investor, who cares?

Here is the scoop BP!

In August 2015 I purchased a SFH 3/2 at $120,000 as a home for my new growing family. And all i knew about REI was I needed to buy before my daughter was born, which was hurtling towards me(nove...