With 2 partners (or shareholders), you’re looking at a $3,500 penalty.

A year ago i never heard of them then PRESTO they would keep popping up as the #1 search result on Google.com followed by trulia, then realtor, homes.com, etc since the owner is not a natural person, would imagine they are developing a uniform way of verifying ownership/authorization like attaching a photo ID and ownership documents listing u as an owner/shareholder/whatever.. sort of like what hotpads and/or onradpad.com have been doing for years now already but zillow wellpp they r obv goin thru major growin pains/pangs still!

I can either participate as an equity participant or be a 25% shareholder in an LLC we would establish.

The company will lease space and collect rent on the properties, then distribute the income to shareholders.

Yes,  S Corp Owens will have w2 income and S-Corp will fund the employer portion of the solo 401k based on compensation to sole owner/shareholder , and owner/employee will make elective deferral with the W-2 income: Schedule C or partner in a business will not have W-2 income. 

However the Corporations have a little extra on the table - they have hundreds or thousands of employees and shareholders that did not do anything wrong in most of these cases (But I personally would still vote to let them go under, the '09 bail-outs were total BS)And Native Americans is a misnomer anyway....they all came across the land bridge to this continent...they just did it earlier in time.

Seriously, on-demand business like Uber,Netflix,Airbnb is most of the time, only good for their shareholder/employee only.

Although an LLC can provide protection from a personal lawsuit, it will only do so if the LLC members consistently adhere to all of the requirements.Nothing herein is legal advice.For many decades, courts have allowed creditors of a corporation to recover judgments from the personal assets and wealth of the corporations’ shareholders.

They are going to get negative feedback from shareholders and market participants.

Once the units were built and were being old, however, the company might make distributions of the profits to the share holders.