Are they owned by a LLC, Corporation, Trust, or in your own name?

An LLC is irrelevant for tax purposes, unless you elect to have it taxed as a s-corp or c-corp and the IRS agrees.

If the company is a CORPORATION, you won't need one.

After all, I don't want to end up having the corporate veil pierced!

I know REITs are not corporations, but are their shares bought and sold like normal stocks?

Nope, no proof of anything that I know of, but keepyou eye on the corporates cherry picking for bulk purchases for rentals.Some time ago I simply asked if a local regional bank would entertain the tough of me taking all foreclosures and they were rather egar to talk to me, I said well, I'll investigate further and let them know, but how to hedge against the trash around here would be a problem, so nothing on that front!

If you do a google search, you'll find several sites that allow you to set up a corporation in any state, by filling out the online forms.

A corporate trainer by trade, I tend to get overly literal. :-)thanks again.Tom

I will be buying through an LLC which has a PO Box, so I could maintain a fairly formal corporate vibe if that's desirable, and I tend to think it is.

A person is defined as an individual, corporation, company, limited liability company, partnership, or association.