@Charles Wang Yes, you will have to pay the $800 minimum franchise tax insofar as your S corp does not generate taxable income that would cause your franchise tax to be above $800. 

Hello,We are looking for the correct type of QuickBooks software to use as the website has several different version.

You need to look at the auditors website and see how much its tax value is.IF you are buying it for less than the tax value you have a strong case, assuming you bought the property in an arms length transaction and it was not a distressed property. 

You might want to post the original message in the "Multi Family and Apartments" forum on this website.  

It cost around $185K, and as a vacation rental it generates $60K gross per year on sites like Airbnb. 

I have been trying to generate a strategy to acquire properties through tax liens.

What creative income generating thing could you add on the property, to cover for the extra payment? 

You do need to obtain an EIN - it is free and instant on the IRS website.

I spoke with a loan officer that I worked with before and wanted to relay some additional information to see if that generates different advice.

We used Craigslist and then Zillow rent manager which syndicates out to a bunch of other websites to market our units.