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14 May 2024 | 8 replies
If you are trying to convert a property under and hoa into an str, your job gets even more complicated as the HOA itself may have its own regulations IF it even accepts it at all.caution: STR market is over saturated in these parts and some of them are shuting down and being converted into corporate housing, mid term rentals, or furnished long term rentals.
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13 May 2024 | 12 replies
Speaking of networking, I'm currently looking for an attorney & CPA to help with a proper corporate structure for my current situation and plans.
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13 May 2024 | 19 replies
@Nick Rutkowski I have not personally but know people who have land contracts and lease the land to large corporations to build to suit.
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13 May 2024 | 11 replies
Do you want a corporate nightmare?
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13 May 2024 | 16 replies
If the business entity is a corporate or partnership entity they will have no reason to look at personal bank accounts for business activity.
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11 May 2024 | 4 replies
As you build your portfolio you can set up corporate entities etc.
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11 May 2024 | 8 replies
Your Attorney would love to sell you stuff you don't really need.If you don't operated this 100% correctly someone intent on Sueing you will just pierce the corporate veil anyway.You are much better off taking care of your properties so no one wants to sue you, having correct STR insurance and you can always add an umbrella policy for a 3rd layer of protection.
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14 May 2024 | 164 replies
The article that I mentioned actually mentioned how actually Buffet makes money, he mentioned main Buffet strategy is actually utilizing the low-interest rate for the corporate company that he owned, so he uses the near zero rate debt and then re-invested that debt into company activity that generates sizeable return.
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10 May 2024 | 8 replies
I am a broker but would prefer to pay a person rather than a corporation on my personal investing.
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10 May 2024 | 1 reply
Both LLCs are s corporations and incorporated in maryland and are owned by the same members (entity).Questions:When we transfer can we arbitrarily decide on the value of the property?