They are seen as low risk because many times, a large company such as Burger King, Dollar General, CVS, etc. will provide what is known as a corporate guarantee.

Any kind of corporation is creating a living entity with the IRS, so it takes the liability and pays taxes.  

They KNOW there is a world outside of the corporate campus... but they aren't sure they BELIEVE there is a world outside.  

Would I pay any rental income tax if the duplex was owned by a Nevada corporation and I lived in Nevada?

I'm 27, single, and work full-time as a corporate project manager and merchant/buyer; coordinating and often negotiating between many internal business units and external partners/vendors.

I want to allow my spouse to quit her corporate job if she wants.  

@Maria Bocanegra Depending on your type of REI Objectives, I would strongly suggest you establishing a Corporate Entity such as a S Corp or a LLC.

The hipsters are willing to go into a "bad neighborhood," once they start they tend to flood in...as they do, they change the neighborhood to a trendy, artsy neighborhood with local coffee shops and then the yuppies follow them and drive the prices up to the point that the hipsters can't afford to live there anymore and don't want to because its gotten "too corporate" anyway.  

This project is finally closed so I can attach some final pictures (more at RadrickRealty.com) and numbers.Final numbers were as follows:-Purchased for $84,000 (really $82,000 since I got back $2,000 for my realtor commission)-Spent $25,250 on labor, materials, website set-up, logo, etc.

          - partnership agreement paperwork- corporate entity paperwork- acquisition process - rehab- leasing, marketing/management of the property- maintenance - accounting and tax doc prep- I would also be paid $100/ for property management duties #2: 10K (25%) and on the mortgage Return:  28% initial/future equity stake as well as positive cash flow (after Cap Ex fund is fully funded).#3:  10K (25%) - 20% initial/future equity stake as well as positive cash flow (after Cap Ex fund is fully funded).#4:  10K (25%) - 20% initial/future equity stake as well as positive cash flow (after Cap Ex fund is fully funded).'