S-corp Benefits Without Tranferring Title?
I am going to fix/flip a few houses to build up some capital before I start to hold. I originally planned to form an S-corp to hold title and provide me with the oft-discussed tax and liability benefits. However -- as has also been discussed a lot, lenders often don't let a fledgling corp take out a loan and often we have to hold title in our own name. Turns out my lender will allow me to transfer title if I wish, but I was thinking that there might be a better way (avoid the hassle and possible expense of title transfer, etc).
What if I hold title myself and hire my S-corp to do the rehab? I would take out an umbrella liability (cheap) on the property to cover that angle. The corp would charge me the appropriate difference between my income and other expenses so that the project would give me a net in my pocket (outside the corp) of zero. Am I missing anything here? Licensing issues? Anything else? 
[addsig]
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