In wanting to incorporate those, and since I had the suggestions originally from BP, I'm guessing their paid leases that are attorney approved would be worth it?  

I would incorporate so that your business can have its own tax ID and line of credit, but also to protect yourself if someone attempts to sue your company; they won't be able to get your personal assets.Pretty sure there are people here that have more to say on it and have a deeper knowledge of how to protect yourself and your investment properties.

@Rodney Lorenzo Well… just understand that by trying to incorporate your first property again, while possible, isn’t typical… which is to say you will be going against the grain of the bank’s usual process.  

I should rephrase, I don't actually mean create it myself.I more so meant I would like to pick a premade one that best fit my needs, and I am looking for things that I should make sure are incorporated in said agreement.Thanks for your responses!

As I grow I'll likely incorporate certain businesses as well.

I'm currently researching SEO, for other purposes as well...so I could incorporate it.

@Ryan Taylor- yes you should -  provide your lender with the HELOC line of credit agreement so they can  calcualte the payment based on what yopu plan to use  on the HELOC ....this payment will be added to your  debt/ income  ratio ....if you plan to  rent the present home - you will need to present the lender with a signed lease a greement if you want  any rental income to  be incorporated to the mix - good luck

Yes, Coos Bay has been unfriendly to STRs for a while now... but North Bend is a different incorporated city and way more friendly.

if the contractor is incorporated, you dont have to file the 1099, or if its under $600, you would not have to file that 1099

When I have my atty incorporate the LLCs, he simply designates them at the time of filing as disregarded entities for filing purposes, and then the EINs will just be our SSNs?