There are very limited fact patterns in which an S Corp makes sense, but I would never advise an S Corp merely for lending purposes.

Otherwise, it cost nothing because I filed an affidavit of exemption form along with the grant deed verifying that the property wasn't actually changing ownership, it was merely a "change of name due to marriage", which exempted it from the normal fee.It was really quite easy to do. 

If you cared to look at any of my other posts you would know that this question was aimed at bringing up the discussion, rather than instigating aggression.Nevertheless, the fictitious numbers that I brought up were merely an example to illustrate the fallacy of using a rule of thumb, such as the 1% rule.Thank you. 

One merely can't take the other's word for it that they're an S Corp.

Lets put down actual data.When I did DMM back when I was a mere mortal,  people between 39 and 54 were the most active responders.

Surprising, considering the fact that the IRS publications are merely interpretations that carry zero legal authority and cannot be referenced if you're to fight the IRS.

It's a big hassle to write a letter and has the costs of the paper, envelope, stamp and time to get someone to take you off their mailing list but a mere "Stop" stops future texts.

. :-)Lastly, I'm from Arlington and have a number of friends in real estate throughout Northern VA; I'm sure a few would be willing to chat with you (with the understanding that you merely seek info and not looking to be recruited).

The IRA Custodian merely holds the assets that you invest in through your Self-Directed IRA.  

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