
19 May 2018 | 5 replies
I'm neither a lawyer nor an accountant, but I recommend Googling "closely held corporation" and then asking your tax accountant how, if any, the proposed idea might impact your overall tax situation (https://www.irs.gov/faqs/small-business-self-employed-other-business/entities/entities-5: A closely held corporation is subject to additional limitations in the tax treatment of items such as passive activity losses, at-risk rules, and compensation paid to corporate officers.).I've read that when two closely held corporations owned by the same small group of shareholders do business with each other, the IRS sees a red flag because some people try using this approach to evade taxes.From my readings of personal finance articles, this additional scrutiny is based on whether there is an "arms length" between the two parties in a transaction.

24 June 2022 | 69 replies
The guarantee on the other hand would be a red flag to be.

16 January 2019 | 7 replies
This is a major red flag to me.

23 May 2018 | 3 replies
Pass...too many excuses/red flags..

25 May 2018 | 13 replies
This gives me flexibility in choosing "where" to invest, and not stuck with another real estate purchase in a red hot market.

16 April 2008 | 5 replies
That was a Hialrious coupled with a Red Carpet Welcome.

14 May 2008 | 21 replies
Red states tend to cash flow better than blue states - don't ask me why they just do.

29 April 2008 | 5 replies
If anything about them, or their history sets off a red flag don't do it.

15 December 2012 | 10 replies
Best sign ever is one that i made for less then a Home Depot sing and about 4 times as large.Go to a craft store and they will have a "NOW RENTING" flag (usually red, white and blue:)buy some iron on numbers.