
25 January 2017 | 17 replies
From a tax perspective, the main benefit of an S-Corp taxed entity is that it's only required to pay out a "reasonable" salary to shareholders, and the remainder can be paid as a dividend, which is not subject to self-employment taxes.

3 September 2019 | 2 replies
LLCs that are thinly capitalized are more likely to be viewed as “shells,” thereby losing their capacity to shield the members from liability.or fails to maintain a separate identity from its owners ( using the business bank account for business purchases, maintaining separate books) Conversion of entities Assets for Personal Benefit:Another factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.

6 March 2019 | 19 replies
Warren Buffet said it far better than I ever could in this years letter to shareholders: "We use debt sparingly.

14 November 2011 | 4 replies
Banks are simply trying to maximize their returns for their shareholders as they are supposed to...

10 April 2012 | 17 replies
I was at the Berkshire shareholder meeting last year and someone asked Buffett and Munger if it's more difficult to start now.

13 September 2008 | 33 replies
These are private corportations that should just go belly up and let their shareholders take the loss.

25 August 2008 | 4 replies
When they go bad, shareholders and unsecured debt holders go frist, plus anyone with over 100,000 in the account, 50 cents on the doolar is the going offerProblem is the FDIC is about of cashGood old CASH FLOWING REAL ESTATE is the way to go right now

1 January 2024 | 17 replies
If your LLC's have multiple shareholders, then you are likely already required to be licensed, regardless of number of LLC's.
8 October 2015 | 45 replies
Brokerages aren't just real estate, they are businesses that bring in partners, shareholders that grow companies and sell their interests.Another family friend, John Q.

5 March 2010 | 11 replies
Your success is ulitimately determined by you, not corporate management or shareholders.