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28 October 2020 | 5 replies
Anything done by the LLC when the corporate veil has not been pierced is protected in that the only assets subject to litigation are those owned by the LLC outright.
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3 November 2020 | 3 replies
I wasn't some rich guy or a soulless corporation, so relations were much smoother.
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30 October 2020 | 6 replies
I am yet to contact kolotax.com, Mark Kohler's firm, Corporate Direct Services and Smart Business Incorporation.I am posting here to see if there is a single firm (or) a group of people who provide this type of service that BP members can recommend.
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28 October 2020 | 1 reply
Also, all/any transactions or money transfers are always within your "corporate" realm and you are less likely to bring money to yourself thus potentially co-mingling your funds.
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3 November 2020 | 3 replies
I am yet to contact kolotax.com, Mark Kohler's firm, Corporate Direct Services and Smart Business Incorporation.I am posting here to see if there is a single firm (or) a group of people who provide this type of service that BP members can recommend.
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29 October 2020 | 0 replies
In terms of operations would it be best to operate under an LLC, corporation, or under myself?
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3 November 2020 | 29 replies
@Michael Hebron JrSounds like you need to learn about how to operate your LLC to protect/maintain its corporate veil.
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29 October 2020 | 1 reply
Make sure you consult with a qualified professional or two to make sure your corporate veil is intact, or providing the liability protection that you are seeking with the LLC.
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2 November 2020 | 3 replies
I'd heard of it being implemented but figured that was for huge portfolios.Does anyone have experience in owning properties through individual corporations/separate entities to compartmentalize each property individually?
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31 October 2020 | 9 replies
@Casey Johns - Echoing some of the others, use an entity name.I like using a Corp or LLC taxed as Corp for this purpose (which I do), but definitely check with your tax pro for structuring.