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28 March 2024 | 10 replies
I'm thinking it would be structured like corporate housing but would love your thoughts.Thanks!
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28 March 2024 | 5 replies
Financing deals through your LLC will be more expensive.And, as soon as you mess up one transaction or one signature block, you very well could have just "pierced the corporate veil" and rendered all these LLCs meaningless, depending on how it was pierced.At the end of the day, this is not a matter for BiggerPockets.
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27 March 2024 | 11 replies
@Pedro Adolfo Garcia first thing is to check with your country regarding rules and tax laws for investing outside the country.Next step would be to set up an LLC in the US then get your EIN and set up a bank account, preferably with one who will grant a loan to foreign corporations or investors.
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28 March 2024 | 34 replies
The business will pay tax on their net income after all expenses.The place where "double taxation" does come into play is with a C corporation.
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27 March 2024 | 0 replies
There actually is this weird scenario, just past goldilocks, and closer to Alice in Wonderland, where the economy keeps chugging along…. slowly, household incomes crawl ahead, corporate earnings play duck duck goose, unemployment (usually) rises and inflation stagnates.
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28 March 2024 | 13 replies
I sat in on investor Due Diligence meetings with the heads of all departments, learning how leasing was done, property management, bank financing, corporate finance and budgeting, etc.
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27 March 2024 | 6 replies
But, that leaves the mortgage in your name whcih I see as a layman leading you into issues with co-mingling and alter-ego...So, learn how to properly operate the LLC to maintain your corporate veil.One common loan being used is dscr.
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27 March 2024 | 8 replies
We are looking to shift our strategy moving forward - so we're looking to buy or collect arbitrage by renting new units with corporate leases.
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27 March 2024 | 7 replies
If you like what you see, find a manager that rents corporate housing.
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26 March 2024 | 9 replies
That being said, if you are the property manager, couldn't you consider yourself a real estate professional and run these profits through a separate S-Corp (or an LLC taxed as an S-Corp) and then draw off a W-2 / and a K1 and then shuttle these proceeds over to a solo 401k ?