I was up against a hard date to relocate, dwindling time in corporate housing and warehouse storage, and not many options in the housing market at the time to choose from.

A friend recommended to purchase the actual corporation which owns the asset.

Sometimes this works in my favor since I'm not just a "corporate" entity that they feel OK with stiffing vs. a "real" person.

And yes, many buyers will do the loan under their name and move to S Corp or LLC after closing, not sure on the fee, it cant be much

If you cannot find any groups locally, then you have a couple of options:1) Find a virtual group where you can network with like-mined investors2) Start your own local group by invitation only and invite people that you believe would complement each other skills setIf you have any other questions, feel free to PM me.

Also, the reporters and the corporate guests have probably had their hotels booked for the past year. 

Hey Team, I took the plunge and went PRO, Similar to Cortez burning his ships I am here to stay so I better make it work.I am curious about creating a Corporation. 

The net income of $50,000 avoids the Self-employment tax off 15.3%.If there was no S corporation, then the entire hundred thousand dollar would be subject to self-employment tax.

Why should your labor increase in value at the same rate as corporate value / earnings?

Now for my question.Before I find a deal, I thought it would be a good idea to open an LLC Structured by corporate direct and add my vacant lot that I hold under my LLC?