If it is passive, I would not be worried about a salary.If you already have a corporation and use that to make your investment it would be taxed as interest.Facts and circumstances of each case.

You'll also sometimes see "corporate owned" which means the same thing.

I also doubt anyone will be able to see much more than the logo when driving but the brand awareness can be useful in the investor community.

If you do not follow a fairly strict separation of company from personal the courts can pierce the corporate veil, or disregard the company and make you personally liable.

Awesome logo by the way!

I work in corporate America and make decent money but I would like to purchase an investment property with the help of outside financing.Would it be beneficial to create a business entity to protect myself or should I wait until I have a few investment properties first and just practice creative financing in the meantime.

Also if you are sued, you will be subject to IL law.Do either of you have existing corporations?

But in your shoes I think I would not try to play up the fact you're a police officer.One other point on your logo.

for asset protection, you would want one entity (for example, LLC, corporation, trust, etc) to own only one or a portion of all your holdings. one for the land, one for the single family (and some future single family), one for the MHP, one for the development land.

I live in a rural town. starting an S-corp because it's more professional i think owning a corporation and being able to say I own_______and what we do is______people seem to be more interested.