Yes, classifying your LLC as an S corporation when you file your taxes can avoid most self-employment taxes and open up new retirement planning opportunities like a solo 401k.

Better split, smaller cap, no $3,000 annual contribution to corporate.  

To offer asset protection and liability insulation, think about establishing a limited liability corporation (LLC) or other legal structures.

While some use floating rate debt, for say, corporate unsecured lines of credit or capital commitment facilities, they also tend to use Swaps versus interest rate caps, and often times will build interest rate collars on their floating rate debt.  

Partnerships and corporations cannot be shareholders.To elect for S-Corp treatment, file Form 2553.

I know people paying cash in multiple states so theoretically it "cash flows" but I'm not a fan of paying cash Can you do MTR or STR in Fresno to traveling medical workers or corporate professionals so you have less negative CF vs.

I've also heard some lawyers question whether or not the corporate veil is pierced by having the deed in an LLC and the mortgage in your name.  

Just a friendly reminder that the deadline to file Individual, Trust, and C-Corporation returns is today.

He's here this weekend for actually two days: Friday p.m. from 3 to 6 he'll be talking about using QuickBooks in your REI business and Saturday from 9am to 5pm he'll be talking about building your entity structures for tax advantage, asset protection and estate planning, including how to pay your minor children without also having to pay SUTA, FUTA, FICA, etc. for them.I can't do this justice not being a legal / financial professional, but from what I remember, you DO NOT WANT to pay them out of an S-Corp or an LLC.

I don't know about Texas but in North Carolina about 75% of the time you can find the LLC's owner name and home address by doing the following:Go to your secretary of state website (state not national)Look up the corporation nameAt least 75% of the time the LLC owner will register with themselves as the registered agent and their home address as the mailing address.If this doesn't work you're probably looking at more trouble than it is worth.