Marylynn B.
thoughts on NNN lease property
22 January 2015 | 20 replies
This could be a subsidiary of the parent corp. guaranteeing this location.
Account Closed
Use LLC As A DBA
30 September 2014 | 1 reply
At first I thought about using my LLC as a "parent" or "holding" company and creating LLC subsidiaries for each venture.
Damien C.
Loans and partnerships
15 October 2014 | 16 replies
Jesse, you know what you're asking, I'm not so sure.Renting to an affiliate or subsidiary business entity is departmentalized accounting and is fine, renting back to a stockholder or another individual owner, you're mixing aspects of commercial operations with consumer use, this has arm's length issues.
Wilson Lin
Reinvesting LLC profits into RE
26 July 2020 | 6 replies
Most likely it would be seen as running an unlike business operation not in line with the Articles of the Incorporation of the LLC, the purpose of the business would be acting outside its intended and stated purpose.Now, you'd have no issue with that if you were investing in company owned property that was to be used to further that business mission, such as owning the company office.It could be more complex, you might have a parent entity that owns two subsidiaries one in communications and another in real estate and consolidate earnings.See you attorney and tax advisor.You may need to change your tax elections.Another area, with unrelated partners you might consider funding a buy-sell and key man agreement with insurance, you can obtain life insurance on each partner as a business expense, the policies being owned by the company.
Bryan C.
Can I change the LLC a rental property is listed under?
27 January 2015 | 13 replies
You can form another entity and have the old LLC become a subsidiary of the new one, the new entity could be an LLC, a Trust or another Corp entity.
Blaine Chapman
Transferring Property from and S-Corp
29 January 2021 | 8 replies
This would be considered a contribution by the S-Corp to a subsidiary and not taxable.You will have to weigh the benefits of future appreciation of the property outside of the S-Corp with the cost of paying capital gains taxes now.
Russell Ferance
sale of rental property
11 April 2021 | 5 replies
Isn't there a subsidiary asset schedule somewhere reflecting that information, should be one even if it didn't get printed with your copy of the return.
Peter Schiff
Feedback on harsh mortgage terms
16 April 2021 | 2 replies
Cease to maintain continuity of presentoperations, its current management and ownership, and its current form of existence, or transfer of sell any interest in Borrower, or any interest in any subsidiary of Borrower, to any other person.10.6.
Keith Meyer
NEED HELP: Single-Asset Entity Clause of Agency Loan Docs
8 June 2021 | 0 replies
.- Create a subsidiary within the S Corp and transfer to the sub.
Henry Britton
Does anyone know a bank that can accept $$$ via TARGET2 protocol?
2 August 2022 | 1 reply
Taking into account branches and subsidiaries, more than 52,000 banks worldwide and all their customers can be reached via TARGET2.Source: https://www.ecb.europa.eu/paym...