., our social betters in corporate America will attempt to force the most profound changes our society has seen during the internet era.China’s social credit system is a combination of government and business surveillance that gives citizens a “score” that can restrict the ability of individuals to take actions — such as purchasing plane tickets, acquiring property or taking loans — because of behaviors.

Keep in mind, IRS filing deadline for LLC is 3/15 (not like personal, and States may have different filing deadlines also depending on where you incorporate and investment property location)

People get engineering degrees or computer science and then complain about their "soul sucking" career in corporate America.

Would love to know what peoples previous jobs were, how they invested, and how long it took to make real estate full time (without being an agent).I'm personally working in corporate America as a digital marketer while investing in STRs mainly.

I would urge people when running numbers to put emphasis on incorporating the cleaning fee and in their numbers making sure it is accurate for your area and property size.

The plan is to form an LLC, and as we are doing business in both states it seems like an incorporation can happen in either. 

I've owned properties personally and in corporate structures and never lost a case anyway.

Although they will get you incorporated, they probably won't protect you when that first law suit happens.

I've been using these guys for nearly 15 years: http://val-u-corp.com/ They will charge you $80 in fees above the state mandatory fees to incorporate, but since that includes the first year of registered agent service, you're basically getting the company incorporated for free (ie just the state fees).On another note, you will need to register your company in your home state if you're doing business there, and if your home state charges taxes, they will want to tax you on the income that the business generates in your home state, even if Nevada doesn't have income taxes.Jean

.- You'll need a letter of explanation (LOE) to explain to the underwriter (UW) that you incorporated your business recently (they dont understand why investors do this - go figure) and that it was recommended by your tax accountant.