2 June 2017 | 16 replies
In fact, it will provide you with tax disadvantages if you consider state and local taxes (such as occupation taxes like we have in various Colorado municipalities or even Business & Occupation taxes in jurisdictions like Washington or Gross Receipts taxes in jurisdictions like New Mexico, Hawaii, etc., etc.)An S-Corp is going to create complications in the form of local taxes as mentioned above as well as "reasonable compensation" issues and payroll taxes.A C-Corp is going to create complications as mentioned in both instances above on top of personal holding company issues if applicable.The bottom line is, everyone's situation is unique and they need to discuss that personally and confidentially with their attorney.As a person that owns a single member llc, which is owned by another single member llc...if I see a great deal in Texas, I'm looking at an immediate ~$1,000 tack on overhead cost for foreign business registration fees plus additional expenses for filing another state return and additional accounting costs.

14 September 2020 | 108 replies
It is not like the Mexicans from Mexico are far behind either.

26 July 2017 | 4 replies
Before that, I was developing vacation communities across the Southeast and in Mexico.

7 August 2017 | 11 replies
@John Flores Hey John, welcome to BP, good to see another ambitious 19 year old that wants to jump in feet first into REI.
13 May 2017 | 7 replies
Yes those are great tips from Jose Flores !

12 May 2017 | 5 replies
Thanks Raul Flores Vijaianand Thirnageswaram Tony Castronovo sounds like I can just use the values from the tax appraiser site

22 May 2017 | 17 replies
I was working with my brother, mechanical engineer, on several projects along the mexico border where we needed cooling for a few small rooms.
31 July 2017 | 63 replies
We have beautiful white, sugar sand beaches on the Gulf of Mexico.

20 May 2017 | 9 replies
That said, no matter the rain you receive, unless you live in New Mexico or Arizona or that sort of place, you most likely need one.

19 May 2017 | 4 replies
People have lost investments in Mexico and Thailand and probably other places too.