Typically Single Member LLC activity is reported directly on your individual return for Federal income tax purposes (assuming you haven't made an election to treat the LLC as a C Corporation).

As of this week I am still getting the same answer, these lenders are in a holding pattern.Is this what the BP Nation is experiencing as well or am I missing something?  

Revisiting this topic from this post 2 weeks ago after meeting w/ the Relo Realtors and gathering more information.https://www.biggerpockets.com/forums/311/topics/835654-corporate-relocationdo-i-keep-my-house-to-rent-or-sell-it?

Quick question as I get ready to close on my first deal in the coming month.Outside of a national chain checking account, most of my banking is done with a local credit union.

I know the absolute basics of the available structures and from my, admittedly, very basic understanding I would probably be best suited to investing through a LLC or perhaps a S or C Corporation.

@John BlantonIf you create an LLC with more than one member, a partnership return is required.If you create a Corporation, a corporate return will be requiredIf you have a property in Illinois, an Illinois tax return may be required.

Now I don’t know how the current state of the nation has affected lending but even still I highly suggest checking out these two places if not more local banks.

I hate to sound doom & gloom but if someone is in charge of corporate office planning for 10 years he or she would not be doing his/her job correctly if they don't see where the risk lies in having most of your employees in a big city setting.

The great @J Scott (of BiggerPockets authorship and podcast fame) posted the following on his Facebook page yesterday (italics, all credit to him): I was young, but I remember back in mid-eighties before the 1987 market crash when the stock market was on fire -- but the economy was heading in the other direction, corporate valuations were through the roof and interest rates were rising.A couple years later, everyone was saying, "I'm not sure how it wasn't obvious to everyone that the market was broken and it all had to come crumbling down?"

I’m wanting to make sure I’m insulated from any risk (tenants hurting themselves, personal liability etc) by moving the properties to a corporation.