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Updated about 5 years ago,

User Stats

5
Posts
5
Votes
Dominick DiFilippo
Pro Member
  • Real Estate Agent
  • White Plains, NY
5
Votes |
5
Posts

Creating a business for an investment

Dominick DiFilippo
Pro Member
  • Real Estate Agent
  • White Plains, NY
Posted

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. 

  • Dominick DiFilippo
  • Loading replies...