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8 July 2024 | 20 replies
If I take more of the rent for personal pay, and then I need to put my money back in as a contribution, that doesn't 'pierce the corporate veil'?
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12 July 2024 | 155 replies
Worked up corporate latter and switched companies along the way, and my wife also got into sales.
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10 July 2024 | 0 replies
But when corporate interests or lobbyists (trying to stay a-political!)
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10 July 2024 | 87 replies
No other industry in existence in U.S. operates with such a tiny margin that isn't gargantuan in it's corporate size and volume.
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7 July 2024 | 14 replies
I am not an attorney, so don't take this as legal advice, but I had a lender tell me that financing with a DSCR compliments holding a STR in an LLC for liability purposes.Financing an STR held in an LLC with a 2nd home mortgage that reports to your personal credit creates a hole in the corporate veil per se.On the other hand, financing an STR held in an LLC with a DSCR loan that is qualified only by the asset's income offers much more separation of personal and business liability.
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8 July 2024 | 27 replies
Something that will help shed some light on this is reading Garrett Sutton's book "Start Your Own Corporation" as well as Robert Kiyosaki's "Rich Dad's Guide to Investing".
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10 July 2024 | 256 replies
Having been a corporate fraud investigator for many years, I say from considerable experience that your chance of getting much, if any, money back is almost nonexistent.
6 July 2024 | 7 replies
If you want legal help that isn't a rip off and would offer a registered agent and mail services, check into Anderson Business Advisors or Prime Corporate Services.
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10 July 2024 | 112 replies
My daughter and son-in-law opened their own business 3 years ago and so far have done well, but he built a good reputation in his field before starting their own, she kept her good corporate job for benefits, and they are now looking to invest in property with the profits, hoping for more passive income in the future as they’ve realized how much extra work a small business is with compliance, licenses, workers comp, etc.
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7 July 2024 | 30 replies
Institutional Hard Money lenders have a lot more credit exposure, since there are banks, hedge funds, and corporations backing the funding.