
19 August 2012 | 6 replies
Christopher Russell, Even if you create a property management company you will be running into some issues where you pay yourself you will cause it to be subject to Social Security and Medicare.If you have another corporation that handles property management it may be beneficial provided you can deduct the expenses incurred by your rental activity (meaning they are not passive losses).

12 August 2012 | 23 replies
Now, if it was to pay and add the amounts as disbursed to the note, that is afforded by a standard deed of trust....Maybe I misunderstood....anyway,Yes, a third party servicer can save the day in many ways, escrowing deeds along with instructions is another good idea, since things do happen with individuals that do not generally happen with a corporate entity or trust

10 August 2012 | 21 replies
Been audited by FINRA a couple times and have several hours of my life spent in front of attorneys.There is a difference between a real estate attorney and a corporate attorney.
22 March 2016 | 10 replies
Basically, my own TD Bank credit card limit would be lowered by whatever credit limit I chose to award the business; so essentially, I am only good for so much credit overall with them, and I can split it any way I want, and I didn't go any farther than that but I assume I would have had to personally guarantee whatever the business credit limit became.There are a few threads on BP on how to build business credit:http://www.biggerpockets.com/forums/12/topics/37432-building-business-credithttp://www.biggerpockets.com/forums/109/topics/42559-business-credit-for-new-llc-http://www.biggerpockets.com/forums/94/topics/275-getting-a-loan-for-an-llc-and-building-corporate-credithttp://www.biggerpockets.com/forums/94/topics/56607-has-anyone-ever-found-a-legitimate-business-credit-company-in-the-state-of-nevadahttp://www.biggerpockets.com/forums/12/topics/8571-want-to-buy-my-first-property-under-business-credithttp://www.biggerpockets.com/forums/79/topics/46689-thomas-kish-business-credit-coachinghttp://www.biggerpockets.com/forums/110/topics/28198-building-business-credit-make-sense-http://www.biggerpockets.com/forums/94/topics/34292-building-business-credit-helphttp://www.biggerpockets.com/forums/94/topics/45529-business-credit-d-and-b-questionshttp://www.biggerpockets.com/forums/94/topics/49256-establishing-business-credithttp://www.biggerpockets.com/forums/94/topics/17238-get-business-credit-part-1http://www.biggerpockets.com/forums/94/topics/15256-d-amp-b-duns-worth-it-http://www.biggerpockets.com/forums/94/topics/15663-anyone-used-paydex-in-there-new-business-http://www.biggerpockets.com/forums/94/topics/10833-corporate-credithttp://www.biggerpockets.com/forums/110/topics/28198-building-business-credit-make-sense-http://www.biggerpockets.com/forums/94/topics/68892-building-both-personal-and-business-credit-at-the-same-timehttp://www.biggerpockets.com/forums/94/topics/63293-secured-business-cc-for-building-business-credit-http://www.biggerpockets.com/forums/94/topics/59798-how-do-you-build-corp-credit-http://www.biggerpockets.com/forums/109/topics/70257-building-credit-w-d-and-bhttp://www.biggerpockets.com/forums/94/topics/62468-d-b-warninghttp://www.biggerpockets.com/forums/94/topics/45529-business-credit-d-and-b-questionshttp://www.biggerpockets.com/forums/94/topics/38174-build-buiness-line-of-credits-and-authorized-users

3 October 2013 | 17 replies
I TOO work a full time gig in corporate america.

17 August 2012 | 1 reply
Depending upon your income have you considered the possibility of using a C-Corporation?

30 August 2012 | 20 replies
Lokesh,My FICO.com is run by the Fair Issac Corporation.

22 August 2012 | 14 replies
It gives her a good opportunity to learn on the job.Also, I expect whoever makes this loan is likely not in real estate and probably a corporate 9-5er with extra cash and looking for something more agressive than a mutual fund or bank CD.
23 August 2012 | 11 replies
Hey Mike,I am just getting started as well and just read Garrett Sutton's Own Your Own Corporation.

27 August 2012 | 2 replies
Like a dog chasing its tail, corporate credit alone won't get you anywhere.