Yes, LLCs are subject to the minimum tax, but limited partnerships are as well, and so are S-corporations. 

As an attorney, I represented developers, REITs, multi-national corporations, and local governments in all aspects of real estate including asset acquisition, development, leasing, and disposition.

If you choose to do business in a state without an entity, such as an LLC C-Corp, or Limited Partnership,then you’re doing business as a sole proprietor and are given no (legal) protections if something goes wrong.  

Like if I change it from sole proprietorship to corporation, or if I sell one house.Any advise would be greatly appreciated.Thank you

You'd need to check both the owner's name and any corporate names he or she may use.  

LLCs and corporations cannot be pro-se litigants unless the owners are lawyers). 3.

Starting out, it can be really helpful to jump into a Kool-Aid drinking corporate mentality and get the training before making your next move.Best of luck! 

:)  I also hear of a lot of challenges getting mortgages as a Canadian Citizen, Setting up your corporations right, the exchange rate keeps you on your toes, and the unknown of what a downturn in the market looks like are enough to make us research a little harder before we just jump down there. 

It's really a wash at that level considering you're adding the overhead of administering a corporation for tax

Problem is I am buying a property and can't buy it inside of an LLC and would prefer to use a line of credit over using my own cash, but I know that this could be a problem, and potentially make it possible to "pierce the corporate veil" in the unlikely event that I might get sued.