I also know plenty of RE agents who continue to buy off market properties at a bargain and they have not experienced any legal issues. 3) Business structure - keep under my building LLC (taxed as S-corp) or start new, then transfer properties that I keep to my holdings company. 4) Overall concept feedback?

Once you have that letter you can use an LLC formation document template to create the LLC and register it with the corporations division of your state or jurisdiction.  

Corporate America is a MLM. 

MTRs can offer a nice balance between the steady income of long-term rentals and the high cash flow of STRs without the constant turnover.In terms of locations, I've noticed that areas close to hospitals or corporate hubs tend to do well since travel nurses and professionals on temporary assignments often seek out these rentals.

Hi,My tax consultant is busy and said he will file 'corporate tax act information filing' later but never got back to me.

I'm excited you started this conversation because I was also under the impression that it was better for Canadians to form some kind of corporation to hold their US investments.

You may need something from a property management/rent collection standpoint to complement QBO.

If you are already an S-corporation, you can run this activity there if your legal team does not have any objections.

The Corporate Transparency Act (CTA) requires LLCs and other entities to disclose who their beneficial owners are to the U.S.

There will also be accounting/bookkeeping that will need to be done for the LLC, you may have to pay for that also, as well as a corporate kit.Or You could wing it and try and do it yourself, if you think you know enough to make a good decision without expert help.Good Luck!