If so, are you guys operating under an incorporated entity?

Now that my wife is a realtor (licensed last month), we may put her realty business and our rentals together and incorporate, but even still, she has coverage for malpractice through her broker, Keller Williams. 

The method of protecting yourself in a land transaction differs wildly based on a number of factors; The state in which you are operating, your primary goal in protecting the property, and how informal you want the structure of your organization.Some things to consider when thinking about protecting assets; there are tax implications for incorporating or not-incorporating as an LLC or placing it into a trust.

The four layers are incorporated into one product by heavy pressure and high temperature.

i too began looking at real estate back around 2011. and as@Chris Milan mentioned i was lured in by a a great salesman i saw on tv. the great thing is being as stubborn as i was back then. i decided to post pone my entry and become a Realtor so that i could  know the in and outs of the business by the legal side of things as a real estate agent. so yes they aren't kidding when they say not all Real Estate Agents are the same.but i digress i learned the hard way how muddy it is on that side of the business. but because of this i hesitated. then became active communicating with others in the business and i incorporated my LLC last year.  

Rory Swan from Servicez Unlimited Inc- servicezunlimited.com - in Washington DC has incorporated FB and Twitter into his website along with a live chat session at the bottom of the screen.

And, once it has elected to be taxed as a corporation, an LLC can file a Form 2553, Election by a Small Business Corporation, to elect tax treatment as an S corporation.S Corporations Provide Planning and Compensation OptionsAn S Corporation is a corporation formed by complying with state incorporation statutes that then elects (by submitting Form 2553 to the IRS) to pass corporate income, losses, deductions and credits through to its owners (shareholders) for federal tax purposes.

The fact of the matter is if you face legal action, get an attorney.Disclaimer: I incorporate herein by reference all prior disclaimers.

Texas for 12 years in a row is leader in corporations relocating here over any other state.  

I am not a lawyer, but did some research and will be incorporating my active real estate business as an S-corp (furnished rental business).