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29 November 2024 | 9 replies
It should also be noted that there is often a difference between the borrower and the guarantor.If the loan is made to an entity (LLC, corporation, trust, etc.)
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26 November 2024 | 3 replies
We are writing to you regarding new reporting requirements for many businesses, including LLCs, C, and S Corporations.
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6 December 2024 | 51 replies
The same can be done with C corporations through distribution of different classes of stock, but this is much more complicated.
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30 December 2024 | 819 replies
Im just going to bullet point my takes on the calls for simplicitycash on cash 400 - 600 depending on how much in saving you apply for the property(most used 20% and goes up to 40%) typically 3-8 weeks of rehab- light touch is 3-5 and heavy touch(electric plumbing, roof etc) 6-8properties are bought up 28k with an all in expense of 38 to 58kThey invest in the northeast indy area, area codes are sent to me are 46201, 46202, 46205, 46208,46218,46219According to him the big industries around are construction yards, distribution centers and warehouses like Fed-Ex and Barns n Noble, and pharmaceutical companies Crime rates are in a down ward trend murders per 100dz per 100,000dz and robberies 40dz per 100,000.
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3 December 2024 | 15 replies
Yes, one of the big advantages that DSCR Loans have over conventional is that they are LLC-friendly and even friendly towards other entity types like corporations, partnerships, TIC or even most types of trusts!
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5 December 2024 | 37 replies
Does that include covering your (future) retirement needs, health care costs, all other corporate benefits?
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26 November 2024 | 22 replies
.: Quote from @Chris Seveney: @Dana YobstBlows my mind how he is out there still teaching classes and going on as nothing happened but it sounds like these debts are not getting substantially paid down.As many of us know, one of the main reasons he's able to continue on is with the help of this other self proclaimed criminal https://weclosenotes.com/ep-nc-03-protecting-yourself-using-a-corporate-veil-with-aaron-young-from-laughlin-associates/ Using a remote entity to limit liability is a life blood of insuring investment into all types of job creating, life saving and life improving business development.
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3 December 2024 | 21 replies
This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).
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7 December 2024 | 150 replies
Originally posted by :We each put 50k into this business, got a corporate CC and LOC for a combined total of 28k and went to work.
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26 November 2024 | 17 replies
If you are taking about dropping a million cash into properties each year, then yes you are going to want to have some type of reasonable corporate structure, but if you're talking about 25% down 100 grand properties with bank notes, all you really need is some decent insurance.