I think you are really asking about the corporate level accounting. 

What some people do is create a corporation then pay themselves salary from the proceeds of the rental income.

There is institution fund outthere that can give minimal-risk 10% cashflow by buying corporate bonds and hedge it by shorting the underlying.

If he has a business as S Corp or C Corp there should be filings with the state. 

A huge percent of landlords are big corporations with lobbyists. 

When they go under agreement they have to get site approval from corporate and have to get permits from the city and county and do not want to close on a property until then.

From what I understand from your post is that you are a landlord in which you have rented your unit to a company so that they can provide corporate housing to their employees (employee). 

For other folks, here are some other entities that would, if you sold the property to, have negative tax consequences: YouYour spouseAny of your lineal ascendants or descendants (parents, children, grandchildren, and the spouses of children, grandchildren, — including legally adopted children)Any investment providers or fiduciaries of the IRAAny entity (like a corporation, LLC, or trust) where a disqualified person owns more than 50%Any entity (like previously listed) where the IRA account-holder is an officer, director, a 10% or more shareholder, or a highly compensated employee

American corporations are investing billions into the country, its real estate, tourism and manufacturing.

I'm a corporate employee and it's time to transition so that I can retire from W2.