Right now they are reported on the K1 in box 17 so that the deduction can be taken on a personal tax return as shareholders's health insurance premiums.Looking for ways to maximize the dedications.

You don't want to do something to lose your corporate veil.For an LLC, there are no minutes or shareholders, just members.

The balance of this account should be zero a... 30000 30100 Capital Stock Equity Value of corporate stock 30100 30200 Owner Contribution Equity 30200 31400 Shareholder Distributions Equity Distributions paid to shareholders 31400 32000 Retained Earnings Equity Undistributed earnings of the business 32000 33000 Owner Distributions Equity 33000 34000 Sinking fund (adj) Equity 34000 35000 Payments from Insurance Equity 35000 47400 Rental Income Income Rents received 47400 47410 tentant expense Income 47410 47500 Late Fees Income 47500 50000 Cost of Goods Sold Cost of Goods Sold Costs of items purchased and then sold to customers 50000 State/Fed Taxes Expense Estimated Tax Payments 60000 Advertising and Promotion Expense Advertising, marketing, graphic design, and other promotional expenses 60000 60200 Automobile Expense Expense Fuel, oil, repairs, and other automobile maintenance for business autos 60200 60400 Bank Service Charges Expense Bank account service fees, bad check charges and other bank fees 60400 60500 Bad Debt Expense Rents lost 60500 60600 Tenant Refunds Expense 60600 61000 Business Licenses and Permits Expense Business licenses, permits, and other business-related fees 61000 61700 Computer and Internet Expenses Expense Computer supplies, off-the-shelf software, online fees, and other computer or internet related e... 61700 62400 Depreciation Expense Expense Depreciation on equipment, buildings and improvements 62400 62500 Dues and Subscriptions Expense Subscriptions and membership dues for civic, service, professional, trade organizations 62500 63300 Insurance Expense Expense Insurance expenses 63300 63400 Interest Expense Expense Interest payments on business loans, credit card balances, or other business debt 63400 64000 Credit-screening tenants Expense RHOL 64000 64100 Management Fees Expense Fees paid to outside company for property management 64100 64300 Meals and Entertainment Expense Business meals and entertainment expenses, including travel-related meals (may have limited dedu... 64300 64300 Meals and Entertainment:64310 mileage Expense Mileage 64310 64700 Miscellaneous Expense Expense Miscellaneous expenses not categorized elsewhere.

Personally, I would say, each person forms their own corp, then if there is a deal, the deal forms one corp as well, that way, the property is being controlled by the corp that has several corps as members. in case of disability of individual or even death, if persons are the shareholder of a corp, then you will have to deal with heirs, and etc.

Any dividends that are passed along to the shareholders are also taxed.  

The question here is not whether you would be liable for the loan (of course you are...you agreed to be to get the loan), but if there is a liability on the property (...like slip and fall) and insurance does not cover it, can you (as an individual shareholder) be sued?

This may be the case with AirBnB, once established they may feel the need please there Private Equity shareholders.

This beats a CEO with his own personal corporate jet bought by shareholders' money any day.4) Forced Appreciation - When you buy $100k worth of stock, the only thing you might be able to do to personally raise the stock price is write the company's board a letter telling them to work harder and hope for the best.

Allocations based on anything other than percentage of ownership breach the one-class-of-stock rule and are not allowable in an S corporation.S corporation shareholders must be of the same class, except for the ability to hold voting and nonvoting shares.

Not sure about your state laws, but in CA a GC license is issued to an individual not a company, the company will get issued a license number once they have a licensed individual as an employee or shareholder (20% minimum).