So any area in America experiencing population growth is going to see a lot of Californians.I think of Boise, ID, where I hear anecdotally from friends that the city is flooded with Californians.

If I deduct 8K in Mileage, do you add that back in to the income from the corporation?

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

As a newbie, we plan to start a real estate with flipping houses for a start and want to know if LLC will be a better choice in terms of saving on taxes versus corporation.

This includes US corporations, certain foreign corporations (not all foreign, consult with tax advisor), and captive insurance companies (when structured correctly).

If they consider wholesaling "shady", I doubt that's going to stop the ginormous corporation from snapping up great deals.

It seems a little to be like "piercing the corporate veil"Good luck!

Housing Prices are over-inflated, corporate debt is at an all time high, consumer debt is maxed out (and still out of proportion with corporate debt).

The recent CDC Agency Order banning evictions based on a tenant's claim that they can't afford to pay is a typical bureaucratic decision from the Atlanta office of the Washington SWAMP.  Watch this short video: https:...

@Namuudari AmgalanIt is usually not advisable to hold appreciating assets within a corporate vehicle.