On occasion I need to be 1099'd and I've never had any issues with 1099s being issued in the firm's name and tax ID number.And @Sean Cole's strategy of an LLC taxed as an S-Corp can lead to some pretty advantageous tax treatments in the right situation.I imagine the most likely obstacle to this sort of setup isn't a legal prohibition but a brokerage that, for whatever reason, won't go along with the structure.

I run shorter depreciation schedules for non-integral assets like sheds, fences, appliances, window treatments, etc.     

Seller has also agreed to a 1yr home warranty and termite treatment as evidence of termites were found during inspection)*roof is old, will need complete tear off when it's time to replace.

Two very typical states for Entity creation is Nevada and Delaware, for the tax treatments they create. 

Hi @Nicole G.Unfortunately, selling property that was acquired with the intent to buy, rehab and then sell (flip) do not qualify for 1031 Exchange treatment. 

Even if you hold it for a year, it does not qualify for long term cap gains as your "intent" would make it still a short term tax treatment.

ONLY downside is I am told they can be stained by foods but a good sealer and bee's wax treatment goes a long way. 

You will probably also want to repeatedly bomb the place for fleas....they may have had the dog on a treatment but the eggs can still hatch after the fact.  

LLC provides for pass-through tax treatment, which, for me, is a huge plus.

Or long term capital gains tax treatment, given the original intent?