Put the property into a legal entity that can be sold.City's control over ownership of stock in corporations, or beneficiaries of trusts is extremely limited.My lawyer has also said eventually someone will explain Linkmark Associates Inc. v.

We may incorporate a loft for my parents' guests since we the 14ft. front walls allows more headroom.Possible color scheme.Early hand sketch of first floor.  

I will say that if you are writing a check to someone not incorporated as an S or C, I would be sure to get a w-9 from them before releasing the check and of course any lien waivers that are applicable. 

I've seen a lot of Guru's and other programs pushing the whole out of state incorporation for tax and liability protection, but I have never really understood the benefits of it to be honest. 

Patricia:When we purchase a distressed property which we plan to rehab as a rental (which is typically how we go about things), we incorporate the purchase and make-ready (retrofit/rehab) costs together as our initial cash expenditure/outlay.   

Yep it's heated by gas, so this next bill is going to be huge, since it incorporates all the winter months.So there aren't any rules regarding timing and billing tenants that you know of? 

We are working to better utilize our staff and software to incorporate the needs of our owners.

If so, I’d love to meet you.A whimsical thought to finishIs it just me or does the bigger pockets logo look like a police officer?  

It is our job to pick apart poorly drafted Articles of Incorporation.

You really need to consult with a CPA who is familiar with International Business and possibly an attorney.Given the situation you outlined, in theory, it would make the most sense to have an entity in a low/no tax jurisdiction (think trade free zones).Profits can be held in that entity and personal distributions can be made gradually.You may also want to get the advice of an asset protection attorney.Keep in mind the laws might change with the new administration but these are global business tactics used by large companies to reduce billions in corporate tax.