Protecting Earnings; Partnership, Corporation, etc.?

[Adam R.]

Almost 2 years ago now, I started my 5 year plan to save up to buy my first house. I decided on a strategy that includes cash, stocks, and bonds to allow my money to grow. As my asset of stocks has grown, it has gained me dividends which I have reinvested into the stocks. I have been paying the normal income rate on this "income" even though I am reinvesting it and plan to eventually invest that into real estate. 

I am looking for a way to protect the growth of this money from the normal income tax rate to allow the money to grow that much faster. I really got the idea from Rich Dad/Poor Dad to look into creating a corporation for the assets. 

Since we don't have any tenants or anyone who our company may be liable for, I was thinking about creating a Partnership with my fiance and combine the money we have saved under the same apron. I would then file an IRS Form 8832 to allow our "association" to be taxed as a corporation which would allow us to count the reinvested money as an expense. 

I am in California and from everything I've read so far there is a minimum of $800/year franchise tax that must be paid by corporations. That would mean that I would have to make over $3700 from my dividends/year to justify this (at ~22% income tax rate). This probably won't happen just with dividends but, assuming stocks keep going the way they have, I should have an appreciable amount of appreciation when I sell the stocks and am looking for a way to protect those earnings since I plan to reinvest them. I don't think a 1031 exchange would be allowed because it is not a "like-kind" property. 

I just wanted to see if anyone had experience doing this or if there was a better way to protect my earnings? 

Thanks for the help