Working in the corporate environment while facing discrimination was more than enough reason to pursue real estate. 

That said, there could be state-based incentives for corporations who do business in those states, but that would be applied on the state return that accompanies your federal corporate return (partnership or corporation), which is different than the LLC return. 

In a "non-recourse" loan, the lender has no rights beyond the real estate collateral, whether owned by an LLC or not.A scrupulous attorney can also pierce the "corporate veil" of an LLC too, so even this is not 100% liability free.I wish you well!

@Pat Jackson I get my deals mainly from ListSource and some from driving for dollars.These are the metrics I stick to with ListSource: Owner Equity - 30% or moreAge of Occupant - 45+Years Owned - 5+ yearsProperty Type - 1-4 unitsExclude Corporate OwnedExclude Trust OwnedOwnership Type - Absentee.

I am working in a corporate job but not happy.

These are the metrics that give me the most success:Owner Equity - 30% or moreAge of Occupant - 45+Years Owned - 5+ yearsProperty Type - 1-4 unitsExclude Corporate OwnedExclude Trust OwnedOwnership Type - Absentee.

We do not qualify for the "for work" filter (our strict cancellation policy dis-allows us), but one of our quickest growing segments of renters is corporate bookings -- we get a lot of weekday bookings for corporate retreats, sales off-sites, exec planning sessions, etc. despite not showing in this filter.     

Just wondering what a typical fee would be for high level property management that would include:Listing property on AirBnb, HomeAway, and Corporate WebsiteManage calendar and booking process from start to endManage cleaning and basic maintenance (lawn/small repair)Pay State sales tax and local hotel/motel tax on behalf of ownerSupply basic supplies (paper towels/toilet paper/coffee/etc.)If I provide for a reasonable profit margin, I am thinking 40% of gross revenue would cover all of the above. 

For example, in order to sell one of his last properties, he put it under a corporations name and sold 99% of the shares to the new owner rather than a fee simple.

Unless it is a corp, or a multiple member LLC, you won't be accomplishing much, if anything, by doing that.That's my understanding, however I'm not a CPA nor attorney.