The court cited corporate veil-piercing cases and set forth the following factors considered in a corporate veil-piercing case: insufficient capitalization, non-observance of corporate formalities, nonpayment of dividends, insolvency of the corporation at the time of the litigated transactions, siphoning of corporate funds by dominant shareholders, non-functioning officers and directors other than shareholders, absence of corporate records, use of the corporation for transactions of dominant shareholders, and use of the corporation in promoting fraud.

Im thinking of putting maybe half of it in stocks and other half in real estate.In bangkok, a newly built mid-end condo, with modern facilities, carparks,for a 1 bed, 40 sqm in good location, fairly near sky train and fully furnished is maybe around 3m-4m baht. agency says i cud get around 22k-25k baht a month but im guessing its prob more like 15k-20k baht. most Thai wages will not be able to afford the rent, but its ideal for expats working in bkk. so the return is maybe around 6% before all costs, vacancy periods and appreciation/depreciation.ive been reading a lot of negative and pessimistic views about condo as a buy-to-let especially in bkk. there r so many condos in bkk and many being built as land is not scarce yet cos old buildings can be cleared and new projects started easy. and other factors i dont know. also traffic is a nightmare and the condos that are centrally located (and most expensive) have one of the worst traffics (altho it wud prob be near sky train or underground which would be ok for expats.keep in mind that i ll be paying in lump sum, wouldnt mind to gain some real estate exposure (im fairly interested in the industry),do you think its worth it to buy a condo in bkk as a buy-to-let?

The most important factor is the time spent conducting business.

If not, you can not factor it into the exit value, buyers will not pay for illegal square footage or additions/upgrades, it only becomes a bonus for a buyer, it will also not be counted for appraisals.That said, if you do plan to get this on to title legally, you will incur permit costs and holding costs due to time delays waiting on approvals, inspections, changes, etc. - Food for thought as time is your enemy on rehab flips so make sure you factor holding time in your budget, but do not borrow more than you will need as that too will increase your costs.

You might also find a local website that tracks this info as well.They want you to pay for it sometimes to get the information.You can always use a commercial broker for your first deal in that type of property.The seller usually has a commission factored into the listing price.

once these factors are evaluated I would consider using the value to invest in real estate as long as your beneficiaries are capable of managing the assets if you die.

The key factor here is how much knowledge does your friend have regarding RE?

So you would need to factor those costs plus there is a greater chance for vandalism.

The job is just a motivating factor to work my tail off more towards being successful in real estate.

I bought another one and found the original one this morning when I was looking for my new tube of clear silicone.