Sure, you could find private, hard or portfolio lenders, but chances are the terms would completely defeat the purpose of what you are trying to do- that's expensive money.

If you really want a commodity to protect your wealth, find one that isn't overpriced...or doesn't that defeat the whole purpose of protecting your wealth to begin with?

You also defeat the purpose of any liability protection making your home a company asset.

This defeats the purpose of house hacking.

I'm sure he'll tell you not to send him a 1099 otherwise that would defeat the purpose of him wanting cash so he doesn't have to claim it.

As Paul Meyer puts it, "90% of all those who fail are not actually defeated.

3) Taxes costs - Costs extra to do taxesPros; 1) Protection of Assets - I have an umbrella policy on my 2 properties.. would this defeat this benefit?

Personal holding companies are subject to a penalty that would defeat any tax savings rental strategy.The requirements for leasing assets to your corporation are as follows:You must draw up a formal and bona fide lease agreement.

I think of Teddy Roosevelt's quote about "those cold and timid souls who neither know victory nor defeat" every time I read your posts.

It seems to start working when you start going out west towards Worcester, but sort of defeats the purpose since we want to live in one of the units.