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14 March 2024 | 13 replies
To find the contacts for LLC owners you can always search for the names in Open Corporate and then skip trace their mailing address.
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13 March 2024 | 13 replies
I've been in the industry since 2003, managing corporate rentals and investing myself.
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14 March 2024 | 13 replies
Before putting together an LLC I would study the following:- Understand what level of protection it actually offers you and understand how to operate the LLC so that you never jeopardize the "corporate vail." - Understand risk mitigation through insurances - Understand how building a rental portfolio under an LLC changes the debt options you use when closing deals.
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12 March 2024 | 6 replies
Otherwise, you'll be pierciing its corporate veil (assuming you care about it).Hope this helps.
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13 March 2024 | 17 replies
You probably aren’t going to do enough to prevent a lawyer from piercing the corporate veil and making you liable anyway.
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14 March 2024 | 18 replies
A corporate junk bond is high risk so it has a yield of say 10-12% right now.
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12 March 2024 | 4 replies
.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.
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12 March 2024 | 1 reply
Hi investor folks,My partner and I are looking to buy a rental property in GA for a corporate lease (we already have one connected).
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11 March 2024 | 6 replies
I am a corporate chef for a convenience store brand, and besides buying my home, I have never been in the market or industry.
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12 March 2024 | 17 replies
Lastly, there is lots of talk about how an attorney can get a judge to 'pierce the corporate veil' and come after personal assets.