We have a strong and diverse rental market, and there is actually a lot of growth and bigger corporations moving in.

I wanted to know if my LLC should be organized (designated) a sub-chapter S corporation.

I am a small corporation of 9 houses.

The market that I am looking at is a very strong rental market right now and is showing signs of growth in the next few years ( large corporations coming to town amount other positive factors ). 

I worked as a Firefighter and EMT through college then moved back to Atlanta to enter corporate America.  

The fact is the word "manage" or "management" is not in the NC definition (NCGS 93A) of "A real estate broker": "A real estate broker within the meaning of this Chapter is any person, partnership, corporation, limited liability company, association, or other business entity who for a compensation or valuable consideration or promise thereof lists or offers to list, sells or offers to sell, buys or offers to buy, auctions or offers to auction (specifically not including a mere crier of sales), or negotiates the purchase or sale or exchange of real estate, or who leases or offers to lease, or who sells or offers to sell leases of whatever character, or rents or offers to rent any real estate or the improvement thereon, for others."

Variations of this kind of 'problem' has been discussed elsewhere on BP, for instance in posts throughout: http://www.biggerpockets.com/forums/517/topics/64615-corporate-owned-wholesale-reos-not-on-mls?

Hey Leon, you would have to first establish a good vendor trade credit history before being considered for unsecured lines of corporate credit.

Multiple member LLCs (treated as partnerships), partnerships, corporations, etc., will not work because he/she will be treated as buying a partnership interest or shares in a corporation, which do not qualify for 1031 Exchange treatment. 

I’ve spent about 30 years in the corporate world doing everything from chip design to Area Sales management with large corporations and start-ups.