Assemblymember Chiu (Chair)Assemblymember Steinorth (Vice Chair)Assemblymember BontaAssemblymember ChauAssemblymember ChoiAssemblymember GloriaAssemblymember WoodUse sample letter below, OK to cut and paste.VOTE NO on AB 1506As a property owner and landlord I can see the problems California faces with the housing shortage and high rents.I can also assure you rent control is not the answer to our housing shortage or high rents.If the Costa Hawkins Act is repealed it will have a chilling effect on development and new multi-unit construction will come to a screeching halt, thus leaving the state in an even more precarious situation.The repeal will not create a single new unit and is not an affordable mechanism.It is not a solution to the problems the State is facing.There are more people than available units and we need more housing, not less.

It like an assurance of who they put in the house, and you are not out of pocket for any of the costs.

Our real estate agent assured us we would be able to get the price up to $15-17, but after negotiating they seem very stuck at this number.

They've assured me the padlock on the garage door will be removed, but I'm pretty sure I'm going to get to learn how to cut a lock off.  

I can assure you if the interest amount and all the principal payments are the same, there is little difference.

We talked about this strategy before purchasing and he assured me that it would be no problem and he's done this before. 

The latter assumes a company never improves nor takes its customers feedback seriously, and I can assure everyone that, while Castle was flawed, it was always strove to constantly improve.In the spirit of constructive feedback, but more importantly investor learning and growth, I'd be happy to share my thoughts on real estate investment in Detroit with anyone that's interested.

Chris:You are actually dealing with two separate issues here.1) International tax law2) SEC compliance issues  In both cases these are very complex issues for which you should seek qualified help.  

The reason for this is because you want the potential tax savings to out weight any of the compliance/admin costs.S-Corp could save you on payroll tax as the income not paid out in salary is not subject to self-employment tax(15.3%).Example - an S-Corp with $60,000 of earnings before paying a salary paid $25,000 to its shareholder. $25,000 is subject to payroll tax of 15.3% while $35,000 difference is not subject to self-employment tax. $35,000 x 15.3% = $5,355 Tax SavingsHowever, there are costs in setting up an S-Corp.Formation costs with Secretary of StateAnnual fees/dues to Secretary of State to keep it in standingfees paid to accountant for additional tax filingYou have an option of creating a C-corp to be taxed as a S-corp or an LLC to be taxed as an S-corp.Let me know if you have any specific questions.

Like in all matters of compliance, I know the state is trying to crack down on a lot of the bad apples in the building industry, especially those long-time holders that did not have a strenous requirements when becoming licensed.