Then acquired by Cheap Lands corporation and they sold the land to me.

I was polite but very firm and upfront.

Hoping things change🤞🏼I am involved in the community here and know first-hand the money and resources being thrown at minority-owned businesses from large local corporations as well as local community foundations. 

You might be able to join our tribe through Prime Corporate Services.

They were polite and very enthusiastic. 

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.