There are ways to save taxes with an LLC when you hold real estate, however the best function of an LLC is as a firewall for liability in case someone gets hurt in the property, and to keep that firewall there, you need to upkeep the corporate veil (google that if you do not know).An LLC is great but there are some hidden costs.

I know as a Corp or LLC, I do, but no sure as an individual owner if I'm supposed to send them 1099s.Thanks,Azita

The SECOND link contains a table where the column on the left where it says "...and the financing is in the name of the S corporation...

There are some special rules for unique circumstances such as divorce or a disregarded entity (single member LLC that does not elect to be taxed as a corporation). 

Only way is to set up a corporation, sell your RRSP's into that corp (at a better tax rate than your personal) then purchase property with it.  

It will not automatically dissolve the corporation. 

There don't seem to be as many requirements as other types of corporations in terms of holding meetings and stuff like that.

They are bringing in Toyota and several other large corporations. 

Real estate isn't on his radar, but he knows how to trim the fat off the North American lifestyle! 

Article is sensationalist, contains racial coding in order to appeal to folks that dislike African Americans and Latinos, and factually wrong on several points.I'm not going to go paragraph by paragraph and correct the author, I'll just say that:* Yes, FNMA HomeReady is now a thing.* No, this isn't recession-causing nonsense. * Use of boarder income must be documented over 9 of the 12 most recent months.