Its largest shareholders are all Wall Street fund managers.

If you are seeking ultimate anonymity, the state where you domicile your corporation is crucial, as many states do not offer protections for its members or shareholders, which affects anonymity.

The shareholder of the S-corp was required to treat his salary as active income subject to SE tax.

We will create meeting minutes based on the information clients provide for meetings that were not formerly documented)- Annual Corporate Compliance (annual shareholder and director meeting)- Annual LLC Compliance (annual member meeting or manager meeting if the LLC is conducting an active business)- Phone answering service (702.871.8535)- 10% discount on executive retreat, upon qualificationNOTE: - Corporate Assistance Program covers all entities, it isn't on a per entity basis.- *Entity must be formed or binder docs drafted by Anderson and Anderson is required to be listed as the Registered Agent.- **Excludes dissolutions outside of Nevada & Wyoming, as well as any state filing fees or shipping costs.If your goal is to have more 'write-offs', then the solution isn't necessarily to have an entity.

For other folks, here are some other entities that would, if you sold the property to, have negative tax consequences: YouYour spouseAny of your lineal ascendants or descendants (parents, children, grandchildren, and the spouses of children, grandchildren, — including legally adopted children)Any investment providers or fiduciaries of the IRAAny entity (like a corporation, LLC, or trust) where a disqualified person owns more than 50%Any entity (like previously listed) where the IRA account-holder is an officer, director, a 10% or more shareholder, or a highly compensated employee

Are you suggesting that an executive in corporate America doesn't have the ability to manage a team, leverage those with experience, and deliver value for the shareholders?

The income generated from these properties is then distributed to shareholders in the form of dividends.

As a shareholder, you would need to draw a "reasonable" salary each year - a $1 salary will not cut it.By dividends, I assume you mean shareholder distributions (in excess of wages).

Heck, even Warren Buffet failed at that in the early days of Covid, and he got flack for it at the following Berkshire shareholders meeting.That's why the saying "Time in the market beats timing the market" is so popular.

If a GP has a higher number of shares than the other GP, is it frowned upon for the latter to say they own the property since they are not technically the "primary shareholder"?