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Results (8,329+)
Jackson Pollack LLC vs. S Corp with $10 million in profit
25 February 2017 | 3 replies
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.
Eric Hyde Has anyone heard of ABC Capital Group
2 November 2018 | 5 replies
I am one of many Hong Kong investors (over 80) who has been scammed by this group.Jay Walsh has scammed me out of $50,000 and he does not respond to email or texts anymore.On November 18, 2016, I paid Jay and ABC Capital $77,927: $27,500 to purchase a shell at 38 N Frazier St, 19139and the balance to incorporate an LLC as well as to renovate the shell (in excess of $50,000)As of today, Friday 2 November, 2018 Jay has not replied to any of my queries.This is what the property looks like currently.
Filipe Pereira Today - at age 24 - I "retired". Here's how I did it.
6 December 2017 | 169 replies
I will be FI as soon as I move back into one of my rentals, but I'm still grinding it out in corporate since I have a high paying job.
Alex K. Los Angeles too expensive to invest for newbie ?
4 March 2019 | 38 replies
@Mark Christopher Javier and to all those who invest in out of state:When owning out of state properties, do you title the rental property in an LLC incorporated in that particular state?
Bryan Dracka Business cards
16 October 2013 | 5 replies
If you are building a brand come up with a logo and a consistnent design in all you marketing so it becomes recognizable.You can get design work for business cards done for pretty cheap. places like design contest, odesk, elance fiver etc.
Jamie B. Disqualify Potential Tenant with First Email Inquiry?
18 January 2014 | 38 replies
As I mentioned earlier in this thread, you owe it to yourself to make the best use of the tools available to you.In that spirit, I've asked the tech guy who manages my CRM system to investigate how to incorporate this as an automated step in the tenant approval workflow.I'm not sure what he will come up with, but for me, making this easy and consistent for my property managers sure seems like it could be money well spent.
Dev Horn Marketing Ideas for Multi-Family (4 to ~40 units)
16 June 2015 | 31 replies
Many of these folks aren't technology savvy, so traditional marketing tactics seem to work in my experience.I've switched my strategy up a bit to incorporate networking events and referral based business from CPAs, attorneys and commercial lenders.But nothing works better than simply picking up the phone and dialing for $$$$$$$$!
Nkrumah Morgan Why the LLC?
15 December 2013 | 8 replies
Nkrumah:For real estate investing, a property established LLC with the necessary Articles of Incorporation and Operating Agreement offers more tax advantages than a C Corp or an S Corp.
Bill Mitchell How fast can you setup an LLC?
29 August 2013 | 45 replies
. :)I'd say follow Jerry's advice as well.When Mo. adopted the LLC legislation back when, I filed an LLC within the hour of its passing, had to be the first or at least one of the first filed, the SS didn't have forms and I drafted everything in corporate form.
Ryan Ebersole How did you start?
30 July 2008 | 161 replies
Building an empire takes time, determination, drive, desire and passion.Don't forget to incorporate your company, never do business as a sole proprietor as you will be 100% liable.