Hello, I'd be interested in any advice/opinions people have on forming a corporation (LLC or S) to protect assets.I have 3 rental houses that I've aquired over the last couple of years.

It's never too late to take control of your financial well-being; the fact that you realized that Corporate America/Uncle Sam and his cousins (state/local governments) will not be able to provide for your retirement places you at a great advantage over most of the work world.You're in a great market in the Raleigh area.

Charlotte's market is definitely unique and with the influx of people coming here, whether retiring, or for corporate relocation, or just for a change of weather and scenery the sales market isn't as bad here as it is in other parts of the country.

My suspicion is that it may be an artifact of the well-established corporate case law for series LLCs there.

Positions available in corporate office: Downtown Los AngelesAlso, home-based positions open in various markets: Las Vegas, Arizona, New Mexico, Florida, and others.Send resumes to: [email protected]

My question is as follows: Does anyone have any good ideas on establishing corporate credit for an LLC or S Corp?

Remember also that corporations and LLCs are governed by state laws, so what's true in one state may not be true in anther.

think of it on a larger scale.motorola - for example - if they refinance their corp headquarters to draw out capital for a project or just to boost up their cash accessibility, or for whatever reason - they're tapping into one of their many assets, converting equity into cash by taking out a loan (liability) in order to somehow grow their business.the corporation does this - not any one individual.

Alexander has nothing to do with the Barfield (he's the one that stopped the horsetrack); The Renaissance condo's have done quite well since renting them out (high turnover due to corporate leases, but usually almost full); Happy State has a fairly well known reason for building from the ground up instead of taking available space (you can research that one on your own); the Fillmore lofts should be quite nice; and anyone with eyes can see the McCartt and Assoc signs, not exactly insight.

It can apply to a Corporation or a LLC.