Eleven month after closing on the house, he got served papers suing him personally, his corporation, the listing realtor, buyers agent, home inspector etc. everyone except me, since I was not on title. 

She told me that both LLC and corporations have the benefit of limited liability, but with regard to taxes, s-corp (which can be a LLC with s-corp tax election) is usually better for active income (like flipping or wholesaling) and LLC taxed as a sole proprietor is better for buy and hold.

Each state has its own Department of Corporations with there own costs and rules.

This can be a great tax/income shelter and would provide the corporate protection as well.

If I may explain, essentially our goal is this:-To establish a limited liability company (or corporation) composed of a fund for the acquisition and active management of real estate assets.

@Bill Bell  could you market it as an "executive rental" for CEOs and higher level employees whose corporations need to rent them places to live before they buy their own homes?

If pressed, I may say I have a financial interest in the property, but that it is owned by the corporation.

Long Beach Mortgage Corporation comes to mind.  

Since the owner has, by his or her own fault and neglect, failed to protect theland against the hostile actions of the adverse possessor, an adverse possessor who has treated the land as his or her own for a significant period of time is recognized as its owner.Title by adverse possession may be acquired against any person or corporation not excepted by statute.

Reasons why im turned down25 years oldhave college debtno job (flipped 3 houses full time)Is your business entity type a corporation?