After graduating college, I went to work in a corporate environment.

But, if you hold the asset in an s-corp (or an entity taxed as an s-corp), you have the opportunity to take part of the net earnings as a distribution, and save on self-employment taxes.Again, I'm not an attorney or an accountant, but it seems pretty clear to me that holding an asset (whether you live in it or not) in separate entity -- especially one that gets tax benefits under certain situations -- is a good thing to do.Maybe I'm missing something...

Although PIMCO just launched an equity fund ...Either way the money helps fund the deficit or may help corporations borrow more, which is useful since banks can't lend (separate thread on that topic going).The velocity of money has tanked since banks aren't lending.

American Pension Services posted an article on this several years ago and it is murky as is anything with the IRS.

Hey DaveYes, the rules are different there - much more in favour of those who take action ;)Two things led me to the areas I have chosen - my coach (American) made suggestions as to areas and cities to consider, and another Australian I know who I respect as a successful investor here made comments regarding the markets.

The inspection had to go forward prior to the seller (a corporation) turning on the water.

Texas American Title. 2500 West Loop South.

They also offer some corporate services that smaller banks do not, and they have the ability to scale up their lending to meet your business needs regardless of your size.Small banks tend to provide more personal attention and it is easier to establish a good relationship with your bankers.

That is not true with RE, and presented with the right combination of catastrophes, no amount of LLCs or other 'corporate veils' will assure a guaranteed protection for you personally, or your other assets in excess of the cost of the property.

The American dream