If they say they do not need to fill out a W-9 as they are exempt from 1099's being a corporation, then they still need to provide a filled out and signed W-9.

An LLC is a smart move for individuals looking to protect themselves, grow their business in a professional light, and operate as a corporation. 

The reason I used that method was to be able to put the property in my name or corporation or partners.  

I've got 3 doors so far, and really trying to figure out how I can grow quickly and leave the corporate world behind as soon as is humanly possible. 

I would say it depends on the market.We had converted a 88 unit hotel into MTR for corporate housing in a market with a lot of job growth.

We will be investing through a US corporation and all partners (and there are many) are foreign nationals so we cannot give any personal guarantee or collateral.

I have a good friend who is one of the top bankruptcy attorneys in the country (usually corporate).

Be sure you have registered ALL your Corporations and LLCs by December 31, 2024Failure to file is a $500/day/entity fine!

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

Start cutting the favoritism, the golden net's, remove hurdles for small business launch, remove corporate favoritism and watch things correct themself.