(Corporations had huge problems with this in 2008.)

I complemented it looking for more documents at the IRS site with Lance’s words and it was extremely helpful.Indeed, a multimember LLC can select how to be taxed sending a form to the IRS and, If taxed as a partnership or corporation, not be subject to FIRPTA because it is not a flow through entity (for this tax withholding purpose ) anymore.Anyway, I want to have a meeting with a real estate experienced CPA in the DFW area in order to clarify any details and establish an LLC with everything covered.

I use the recorded photographs to see if anyone is using the structure and as a way to notify them of their property tax obligations. 

If I buy a house under a corporation (where myself and my dad are the 2 directors), then can I lease the property to my dad to stay in it? 

Do we need to speak to a corporate lawyer or can we go the simple route of LegalZoom?

I assume the market would then be flooded with big corporate investors as landlords.  

You should be receiving a monthly owner statement and then you can just incorporate it into your corporate accounting.I have almost 20 years of PM experience in the accounting/finance world.

Set aside funds each year to cover your property tax obligations.

She also spends a lot of time just correcting their errors because pointing their errors out to them causes them to point fingers in every other direction and they take no responsibility for them.However, our corporate parent is realizing some savings, so we're stuck with this nightmare.Definitely NOT recommended.

It wouldn't be the best for MTR since traveling RNs or corporate people wouldn't drive all the way up there (it's on the border of farm land until farmers sell off land to developers building SFH or MFH) - it's not near downtown Indianapolis.