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@Jim RobertsonYou should look to see if you are required to file a Texas Franchise Tax ReturnThe instructions indicate that corporations are required to file the return. 

This was after paying 3 different agencies over a total $5000, writing the IL State's Attorney, BBB and all members of the timeshare corporate office. 

how do i register a corporation when i know i will want other businesses under the umbrella?

I'm a corporate finance professional and I invest on the apartment side where I currently own/manage 36 units down in Macon, Ga and looking to add another 40 - 50 unitds this year.

And if you intend to occupy one of the units, 100% of rents collected may be used to offset mortgage payment, thus reducing your DTIFannie Mae Selling Guide - B3-3.1-08: Rental Income (02/28/2017)[If a borrower has a history of renting the subject or another property, generally the rental income will be reported on IRS Form 1040, Schedule E of the borrower’s personal tax returns or on Rental Real Estate Income and Expenses of a Partnership or an S Corporation form (IRS Form 8825) of a business tax return.

There is minuscule chance, an average Joe who wants to be successful in Real Estate, other than borrowing money from family, having many friends, raising capital via syndications, creating a Corporate Entity, ( which necessarily don’t impress me, there 100 unit apartments, over leveraged, I could do in my sleep!

Does it come back as a new corporation when you reinstate it?  

I'm under the impression that it differs from a REIT since a person would be investing directly into real estate and not into shares of a corporation that manages a trust.You would need to speak with a 1031 exchange organization or Realthyshares and get more information.

Then no additional bookkeeping, no potential to pierce the corporate veil, and the way the tax code is now structured it's not going to make a difference to your tax liability, either, I don't believe.