
15 December 2024 | 12 replies
It would be nearly impossible to prove out price or pace here, meaning we would likely not be able to get corporate approval for the investment.

14 December 2024 | 11 replies
HelloHas anyone had experience with an Eric Lee from Sowae corporation?

14 December 2024 | 22 replies
I'm looking at a duplex opportunity that says "Corporate tenant, PadSplit has a low-risk 2-year master lease that protects your investment and alleviates landlord headaches

12 December 2024 | 10 replies
This may include self-employment taxes as @Kevin Gonzalez mentioned, but this can depend on if you have S-Corp or not.

11 December 2024 | 0 replies
Without solid credit, even the best structure can be challenging to leverage.Curious to hear how others in this community are structuring their businesses—are you sticking with an LLC, making the jump to an S-Corp, or considering something else entirely?

15 December 2024 | 38 replies
We target insurance and corporate bookings as well as travel medical professional agencies.

12 December 2024 | 6 replies
You would pay us corporate tax rate, but the retained earnings could remain in the company and not be repatriated to Canada.If you are moving to the U.S.A. and will not be keeping a presence in Canada, then once you move you should not be paying Canadian tax on your world-wide income.

9 December 2024 | 5 replies
In my experience, you are thinking through this correctly.I've heard lawyers say, if the loan is in your name (which it has to be for conventional) and the deed is in the LLC, you aren't treating the business as an independent entity and in a severe lawsuit, the corporate veil is pierced and the LLC can be thrown out.I agree that one of the best defenses is to run your properties well.

19 December 2024 | 55 replies
As of my last update in April 2023, the definition of an accredited investor includes, but is not limited to, the following:Income: Individuals who have had an income of more than $200,000 (or $300,000 together with a spouse) for the past two years and expect the same for the current year.Net Worth: Individuals with a net worth exceeding $1 million, either alone or together with a spouse, excluding the value of the person's primary residence.Insiders: Directors, executive officers, and general partners of the company selling the securities.Professional Experience: Certain professional certifications, designations, or credentials or other credentials issued by an accredited educational institution may allow an individual to be considered accredited.Knowledgeable Employees: In the case of private funds, "knowledgeable employees" of the fund are also considered accredited investors.Institutions: Banks, partnerships, corporations, nonprofits, and trusts with assets exceeding $5 million.By imposing these criteria, Regulation D is meant to ensure that all participants in such an offering are capable of fending for themselves or sustaining the risk of loss, thus requiring less regulatory protection.Under Rule 506(c), it is not enough for an investor to simply claim accredited status.

8 December 2024 | 1 reply
Quote from @Joe Farrance: Hello, Currently my business owns a piece of property that is paid for and has a corporation tied to it.