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14 November 2020 | 9 replies
With the help of @George Blower (whom I found on this site), we’re in the process of establishing a C corporation and funding it with our 401k’s via ROBS.
30 October 2020 | 5 replies
I'm at a spot where I'm gathering lot's of valuable knowledge in terms of looking for financing, finding properties, etc, however, I'm a bit lost and overwhelmed on where to start.My Situation:I'm 2 years post college, and am currently running my personal training business, I figured I wouldn't be able to ever stand working for someone at a corporate job so I went onto creating my own branch.
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30 October 2020 | 4 replies
However, if the corporation waits 5 years after converting to an S Corp to sell the property, no separate built in gain tax applies.
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5 November 2020 | 63 replies
I have a degree in Mechanical Engineering and had a 20 year long career in the corporate world, but never worked as an engineer - first in logistics, then sales, business management, later product management, than market development, director or marketing and finally business director for the Americas.
2 November 2020 | 6 replies
I see great opportunities in tourist areas in European countries as well though the currency play is not as good as in other areas.
1 November 2020 | 1 reply
(month to month lease)Lot Size: 12,632 sqft.Current Owner: Corporation/TrustTrailers are excluded from the sale (owned by others)Two water/sewer taps are included in sale (valued $13,600 each)Here is what I am thinking:Option 1:Let current tenants stay and increase lot rent for both trailers.Option 2:Ask both tenants to leave, buy new trailers and rent them out.
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7 November 2020 | 10 replies
Anything owned by the LLC should be under its "corporate veil" and with strong inside and outside charging order protections it becomes its own "island."
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2 November 2020 | 7 replies
The only taxes are for corporate taxes which is 10% flat of the income.
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1 November 2020 | 5 replies
I thought I'd just chime in that you should be mindful how you transfer your properties and maintain your LLC corporate veil.
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1 March 2022 | 1 reply
Has anyone sold to an individual/corporation that post “Cash for house” signage?