Quote from @Andrea Lucarelli: I’m interested in beginning my REI career with purchasing a SFH or condo in Cleveland area (safe neighborhood) to list as a furnished rental for travel medical professionals, supply corporate housing needs, or house temporarily displaced families for insurance companies.  

FINCEN just sent out a new update about the Corporate Transparency Act / BOI Reporting.

Or do you look at corporate letters and collect whole rent (1-3 months?)

Are you going to pay the corporate tax in California?

You can choose Partnership, S Corp or C-Corp.Be careful when applying for a tax ID number for your LLC.

The title is a little misleading...We recommend registering your corporations and LLCs.

@Blake Johnson If investors want to divide real estate holdings without triggering a large tax bill, the biggest challenge is that transferring assets out of a corporation is typically treated as a taxable sale at fair market value.

I don't think an S corporation makes sense with $80K of profits but you wouldn't have to make much more than that for an S corporation to make sense?

Have a six figure 9-5 but exhausted of corporate affordable housing world bs.

I negotiate at 70% ARV so the deals I bring are solid and I'd love to work with one single corporate cash buyer that is able to close  on several deals a month.