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29 March 2024 | 17 replies
Hello Amy, I’m in the Marietta Ga area and I’m in week 3 out of corporate world, doing my own thing.
28 March 2024 | 13 replies
I feel it's important to understand the laws of an area before you choose to invest there.It's not so much the laws, but the politics, and the relative amount of corruption among those elected to enforce the laws.
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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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26 March 2024 | 0 replies
And across the populist elements on all sides of the political spectrum, you can find people decrying Wall Street’s nefarious attempt to create a “nation of renters.”Fortunately, in this case, Wall Street is (mostly) innocent of this charge.
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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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29 March 2024 | 75 replies
Also, according to the St Louis Fed, the GDP of our MSA has almost doubled over the past 20 years from $45 billion in 2002 to $80 billion in 2021.Memphis is the cultural, political, and economic center of the MSA, which is one of the reasons investors like myself have continued to do extremely well here and most likely will continue to do so.Memphis CityMemphis MSACensusPop.
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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.