Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Creating a business for an investment
Hello all, one of my mentors had mentioned creating a separate business per investment that I buy in the future, and have it all under one umbrella company. Why would I do that? What are the positives? Negatives? How often can I draw from the "businesses" account?
The end goal is to create passive income that exceeds my monthly income.