Meaning that if an area is incorporated it is then referred to as a city with its own local gov officials.

But a bank would never consider this (I use my STR income to qualify, but I'm incorporated and have been paying Federal tax on my income for 5+ years, so unless you are in this boat, you will need to qualify LTR - my loans aren't special either, they are 5% commercial, but at least I can refi those after I purchase). 

Your actual return is subject to a lot of other factors, including debt service, which is not incorporated into the Cap Rate equation. 

A lot incorporate zoom or some other video software into their practice.Good luck to you in your search!

By way of background, I use to play professional soccer, but now work in corporate finance in the real estate sector and figured I might as well attempt to do it on my own!

(No, incorporating so you "give yourself" a W2 will not change any of that.)

Once incorporated, you will need to apply for and EIN number, which you will use to open a business bank account.

It can also provide you with opportunities to leverage taxes incentives like Bonus depreciation.There are some opportunities that are available right now for those who have been committed to working in corporate America and contributing to the 401(k).

That said, I'm happy to set you up on an MLS search; I'll just need your email address and some criteria you'd like to incorporate.

Also, you might wanna not incorporate the contracting company if you ever want hire your kids for tax planning as well.Don't over complicate things now, make sure you make profit at first flip.