Unlike most states, in Michigan the Corporations division is part of the Department of Labor and Economic Growth.You can learn all you need here...http://www.michigan.gov/dleg

I remember getting pretty active in the discussion here: LLC, S-Corp, or LP Holding Company?

Never thought of selling the corporation to the investor.

Correction: FDIChttp://www.fdic.gov/bank/individual/failed/silverstate.html On September 5, 2008, Silver State Bank, Henderson, NV was closed by the Nevada Financial Institutions Division and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.

In fact, a lot of large-scale corporations use platforms like Joomla and Drupal.Best of all, they are both free and come with great communities.

The effective date is supposed to be December 1, 2008 but you'll probably see that many of those remaining true Fannie lenders will change within the next 30 days.The changes will include:* A limit of 4 financed properties when submitting an investment loan.Fannie also clarified that it does not consider the borrower to have an ownership in a property that is held in the name of a corporation, even if the borrower is the owner of the corporation.

I really don't want to join the rat race and work a corporate 9 to 5 job that has people struggling and sucking up to middle managers.

In that case, each owner would become just like regular people who actually own their home, not a share in a corporation.

The IRS is pretty clear that you cannot rent from yourself or your spouse and I think a judge would look at the asset as clearly a liability protection scheme (aka not running as a legit business), pierce the corporate veil, and not provide you any protection.It's fun to start LLCs, but it's also expensive and time consuming to maintain properly (separate accounts, K-1s, 1099s, accountants...) just to provide liability insurance.

So, if it is "OK" for the government to ABANDON "ethical" principles of finance, and it is "OK" for Business (Corporations, etc, both small and large) to ABANDON ethical" principles of finance, then how can you possibly expect the individual "consumer" to play by rules which ALL FORMS OF BUSINESS are discarding in droves, in favor of the loopholes provided by government?