So i'm looking to hold physical asset REITs for a very long time and believe they will recover to pre-crash value over time.

@Nathan Mount You’re able to walk through a property physically in Chicago?

I paid $84K cash for the property and will use cash for the construction costs, so I have no capital costs.The property and both units has significant physical distress due to neglect from the previous landlord.

https://www.curbed.com/2020/4/1/21201051/pay-rent-april-strike-coronavirusInteresting and very one sided read about tenants organizing rent strikes and a few lessons for landlords “ie - don’t cc all your tenants in th...

The property and both units has significant physical distress.

I enjoyed it: https://www.youtube.com/channel/UCOe_y6KKvS3PdIfb9q9pGugI've seen people step up from across the world, whether they're businesses retrofitting to landlords helping their tenants.I'm really impressed with the Dyson vacuum guy designing a ventilator in 10 days; he'll be producing them for the UK and I assume for whomever else wants to order.Here's a link to some wealthy people and how they've helped; it's inspiring and although we can't affect to that magnitude we can always think of ways to help others even if it's on a small scale for if enough of us do it it will add up to make a big difference for many: https://www.entrepreneur.com/article/348372

Precious metals have more of a track record of course but the decoupling of the paper price and the physical prices blindsided a lot of metals enthusiasts. 

I have been researching corporate structures and am getting some conflicting information.A tax adviser is suggesting that I setup an LLC in Wyoming, with a trust as the owner, and with me as the sole beneficiary of the trust.I read several articles that say I may have to register the LLC as a foreign entity in my state, New Jersey, because I would still be "transacting" in in my home state.I read some exemptions on what constitutes doing business though:(7) creating or acquiring indebtedness, mortgages, or security interests in real or personal property;(8) securing or collecting debts or enforcing mortgages or other security interests in property securing the debts and holding, protecting, or maintaining property so acquired;I'm trying to figure out what the bolded section means as far as owning income producing real estate, it looks like it may be exempt?

Feedback on this article I wrote is welcome.What is Passive Real Estate Investing?

For starters, where is your property physically located (city and zip code)?