Personally I am not a fan of the too big to fail corporations that are part of the cronyism in America.

The corporate tenants keep up the building and pay taxes on it as well plus you get the depreciation.If 32,000 is all you have you might could look at hard money or private money lending or buying notes at a discount etc. for more passive investing.

Where they see the unknown in not having a corporation control their life and path I see living an unlimited life doing what most only dream about.So get out there man and make it happen!!

You would pay Medicare on 100% of that as well.My suggestion is that you are a realtor you treat the LLC as an S-corp OR have an S-corp own your share of the partnership.My suggestion is that if you are a broker, you could have your brokerage entity own the LLC interest.There are several strategies that you can employ.

I then check the state department of corporations website and lookup the llc however it doesnt list the members names so it's not clear who actually owns the property.says i can order a copy of the articles, which would give me the members, but it comes in the mail so it will be slow and costs $10.is there any online resource where i can view this information immediately?

Basic accounting, basic economics, and basic corporate finance courses will be very valuable and won't cost you a ton of money to go and sit through.

You can go the self directed route; however, you can also use it to start a C-corporation and use it to invest.

OK...so..if they were equal would you leave them in the S corp or put them in a trust?

I have 2 quadplexes, i just deeded them to my corporation. no issues.

Jon Klaus,I'd rather make the dollar and pay the tax than lower my returns as a percentage; however, there are various strategies that can be used.Depreciation and cost segregation are great; however, you might want to consider the advantages of a non-profit to fund a pension for you, othe corporations, family partnerships, etc.