—Subsection (a) of section 408, as21 amended by the preceding provisions of this Act, is amend22 ed by adding at the end the following new paragraph:23 ‘‘(8) No part of the trust funds will be invested24 in a corporation, partnership or other unincor25 porated enterprise, or trust or estate if—Pg. 6941 ‘‘(A) in the case of an entity with respect2 to which interests described in clause (i), (ii), or3 (iii) are not readily tradable on an securities4 market, 10 percent or more of—5 ‘‘(i) the combined voting power of all6 classes of stock entitled to vote or the total7 value of shares of all classes of stock of8 such corporation,9 ‘‘(ii) the capital interest or profits in10 terest of such partnership or enterprise, or11 ‘‘(iii) the beneficial interest of such12 trust or estate,13 is owned (directly or indirectly) or held by the14 individual on whose behalf the trust is main15 tained, or16 ‘‘(B) the individual on whose behalf the17 trust is maintained is an officer or director (or18 an individual having powers or responsibilities19 similar to officers or directors) of such corpora20 tion, partnership, or other unincorporated en21 terprise.22 For purposes of subparagraph (A), the constructive23 ownership rules of paragraphs (4) and (5) of section24 4975(e) shall apply, and any asset or interest heldPage 6951 by the trust shall be treated as held by the indi2 vidual described in such subparagraph.’’.

I have an Ohio LLC (single member-disregarded entity) that is 100% owned by a Wyoming LLC (single member - disregarded entity) that is 100% owned by an Australian Discretionary Trust.I am of the understanding that the Australian Trust is considered a Grantor Trust by the USA and that any taxes due from my Ohio LLC are passed down the line, first to my Wyoming LLC, then to my Australian Trust, and then to the Grantor of the trust.The Australian trust has as its trustee an Australian company (Corporate Trustee).I am the sole director of the Corporate Trustee.The beneficiaries of the trust are my my wife & I, our adult children, grandchildren & any as yet unborn heirs.So my question isWHO IS THE GRANTOR ?????

Hi, I was wondering how an LLC is affected when a manager or managing member is sued & loses.   2 cases, when the manager is a different LLC or when the manager is an individual.    What if the manager that is sue...

-one of my concerns is my lack of knowledge when it comes to handy work (can barely put together a chair I ordered online) I know it’s a common concern are there are ways to offset costs from contractors, but any advice here would Be appreciated.

This dog is to be treated no different than if the tenant had a wheel chair.

If you're not, you are going to get beat by alot of others that are..I'd rather have a chair when/if the music stops but that mentality also forces me to miss deals. 

Normally I put on blinds to avoid tenants standing on wobbly chairs nailing curtains into the walls but this time I hung rod curtains using spring loaded rods so no screwing/nailing to the frames were required. 

Seems like the cash flow opportunities are fantastic.The concept is to convert a single-family home into a multi-Tenant senior living facility with 8 to 16 unit rooms staffed with a home director and care assistant(s) to assist seniors with their needs.

“Increasing transparency in the real-estate sector will curb the ability of corrupt officials and criminals to launder the proceeds of their ill-gotten gains through the U.S. real-estate market,” said Himamauli Das, FinCEN’s acting director.

I was unexpectedly in a wheel chair the first of last year.