
16 November 2020 | 10 replies
For my spouse to be a part of the business, they can hold a Board of Directors position and make $2400.00 a year.
9 February 2024 | 7 replies
My brokerage isn't listed on the site, but I did speak with my District Director about it.

28 February 2023 | 19 replies
, "Was there any discussion of a transfer in Board of Directors meetings?".

1 February 2020 | 8 replies
So let's say I solely own Blue Estate LLC and I hire employees to work for Blue Estate LLC to help our such as a director of investors relations, CFO, portfolio manager etc.

2 May 2023 | 35 replies
C-corps provide absolutely NO ASSET PROTECTION for the officers or directors (other than insurance the company has), but they do provide protection for the shareholders.
14 February 2024 | 6 replies
IRS rules stipulate there may be no direct or indirect transactions, benefit, or extension of credit between an IRA and a disqualified person.An example of a potential pitfall would be if the parent-in-law were to pass, and the spouse now inherits their estate - and thereby an interest in the loan to the IRA.If the willingness to lend or the terms of the note are well outside standard lending parameters, that could be viewed as a potential benefit.So, possible?

10 April 2023 | 26 replies
Your IRA may not transact with or create any kind of direct or indirect benefit to that LLC.

11 November 2023 | 9 replies
We only have 7 units so it is ok right now, but as we get more we'll probably end up leaving RentRedi and going to Renttec Direct or something because of this issue.

9 July 2023 | 18 replies
I did one in May and the loan got escalated all the way to the board of directors apparently.

18 February 2024 | 14 replies
Happy to connect you with my Director Of Acquisitions for what that list may look like.