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Do you think that the banks and corporate interests running the country are suddenly going to just disappear?

—The term “Federally backed mortgageloan” includes any loan (other than temporary financing such as a construction loan) that—(A) is secured by a first or subordinate lien on residential real property (including individualunits of condominiums and cooperatives) designed principally for the occupancy of from 1 to 4families, including any such secured loan, the proceeds of which are used to prepay or pay off anexisting loan secured by the same property; and(B) is made in whole or in part, or insured, guaranteed, supplemented, or assisted in any way,by any officer or agency of the Federal Government or under or in connection with a housing orurban development program administered by the Secretary of Housing and Urban Development or ahousing or related program administered by any other such officer or agency, or is purchased orsecuritized by the Federal Home Loan Mortgage Corporation or the Federal National MortgageAssociation.(5) FEDERALLY BACKED MULTIFAMILY MORTGAGE LOAN.

If so, can it be done with just any of the corporate templates found online or does it have to be approved/submitted/issued by some licensed or government authorities?

We will not make enough money this year that would lead us to want to open an S corporation or an LLC.

I'm a CPA by trade, working full time in a multinational corporation. 

So to sum it up: the clowns on the right are going to work on giving big corporations all the handouts and unfettered power they've ever asked for and the clowns on the left will throw money at poor working people and both sides will continue to do exactly what they're doing right now: screwing over the small business owners that really drive the economy so we're ALL going to be screwed in a couple of years.

Furthermore, prior to passage of the CARES Act, the Federal Housing Finance Agency (FHFA) announced that it had instructed the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (the Enterprises) to suspend foreclosures for at least 60 days.

From research a lot of corporations are headquartering there, the lower taxes, affordable housing, plus the beaches and professional sports teams has a lot of draw for millennials.

Taxes would be better but you need to be very careful regarding personal and corporate finances.