1 March 2024 | 140 replies
If I adjust withdrawal form LOC because of those variables then it defeats the purpose of consistency.
12 February 2024 | 20 replies
I get where your coming from but the point of an LLC is that it keeps the asset protected from all others so in a sense the holding company is just a formality for tax purposes since an s-corp would be attached.If you do a separate llc for each property without a holding company then you would have to make a separate s corp for each property which wouldn't make sense as that defeats the purpose of the s-corp thus the reason for the holding company.
23 November 2014 | 12 replies
That defeats the whole point.
20 January 2022 | 5 replies
Commingling personal expenses totally defeats the purpose.
7 April 2017 | 23 replies
I've talked to a couple banks and most wont lend to an LLC because it's too risky.I do know that many people will purchase a property and then trasnfer title, but this would defeat the purpose because evertyhing is still in your name financially.
3 August 2015 | 226 replies
But I will not admit defeat!)
12 October 2024 | 25 replies
I hope this post provides insight into the self-defeating reality of investing in low-cost locations with static or declining populations.
4 February 2014 | 11 replies
<<==>>“You will face many defeats in your life, but never let yourself be defeated." ~ Maya Angelou
25 August 2015 | 33 replies
I have 130k in two houses and having over 4 houses I am struggling to find anyone/any way that will allow me to tap this equity easily without being supper expensive and defeating the purpose.