I recently read a book that mentioned there being a lot of power and benefits of a personal corporation but I'm curious as to when a corporation is actually beneficial over the latter. 

In my firm, we underwrite the Sponsor as a company in addition to their individual offerings.

@Sarah Hadassah Negrón so you get a money judgment.Now you have to turn that into a garnishment action with the courts.To do that, you typcially need to have the tenant personally served - which means finding them or hiring a skip-tracer to do so.Then, what are you going to garnish?

Hello. I just put my house for rent but I’m not sure where to do background check and what exactly look for when doing them. Can you please share what you use it would be great. Thank you. 

@Lindsey KoncharWe have been working with Craig Chilcote of the Anderson, Kuiti & Asuma firm in Duluth, MN for a couple of years now.

Being that you mentioned that the personal residence would appreciate well, the favor lies with buying the personal residence.Generally, it's better to buy the investment property first, if you buy what will perform.

Some questions I have are:1- Does anyone have any recommendations on Brokerage firms to connect with or can refer me? 

I am happy to connect you with the person who started my mastermind but know this: Any group like the one I joined is only as valuable as the time you're willing to invest in it.

Would recommend.I will be using the firm for my 2022 tax return (1040 and 3 LLC's), expensive (about $5k-6k) but given they've assisted with the tax planning I'm hopeful the synergy will provide the best outcome.Happy to answer any add'l questions.Pat  Hi Pat,Just want to confirm, that is HallCPA fee for filling 2022 tax for one 1040 and 3 LLCs?

I’ve hired a tax consulting firm that makes sure taxes are reported and paid on time and every month I get P&Ls, etc.