As it stands right now, we would need to know facts and circumstances. https://www.irs.gov/businesses/small-businesses-se...https://blog.dol.gov/2015/07/15/employee-or-indepe...Consider Filing form SS-8 to have the IRS determine for you.

S-corp saves you 15%  SE tax on your net income.

I would like to buy in places like Thailand or other SE Asia areas.

This allows them to classify part of their income as salary, which is subject to the self employment tax (15.3%), and the rest as distributions, which are not subject to the SE tax. 

This payment might be subject to SE tax to the partner (Depends if the partnership activity is just a rental). 

If the debtor is representing themselves, however (states Pro Se under his/her name on the case caption),  then the Plan may be useless as they likely did not provide useful information when they filled it out themselves. 

Your SE Tax  would  be on salary dividends and rent are basically the same tax results. 

@dj @DJ CumminsI would pay the fine-keep my silver bullet because it is not much of a fine per se.

Most stocks, bonds, equities, etc are assets held for the production of income, and are not trade or business assets.On the other hand, traditional, long-term rental real estate is "per se" (read: intrinsically & immutably) passive under tax law. 

But this would be advised when you expect to reach a decent amount of profits.In general, rental real estate is not subject to SE taxes, so what you're proposing here is unnecessary and actually ends up costing the individual more in taxes and administrative overhead.