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16 March 2021 | 8 replies
@Scott HraskaThis reminds me of my dad, he left corporate life in the WTC in 1985, just went driving and drove thru Wilmington and decided to stay!
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16 March 2021 | 5 replies
I have a great job with great income, however I am extremely growth driven and the corporate world is very slow growth.
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29 March 2021 | 6 replies
I have probably mostly maxed out of my capability to take out a conventional loan (credentials based on corporate job) because I already have 3 properties under my name/credentials.I am looking for other ways to re finance aside from using conventional loan.
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24 March 2021 | 84 replies
The company I worked with for a long time utilized volunteer labor, donated solar equipment/corporate sponsorships as well as grants to provide solar to low income neighborhoods.
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25 March 2021 | 1 reply
Is there any benefit in creating a holding company / corporation with partners to go out and buy properties vs. a one-off LLC for each individual investment property?
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29 January 2021 | 20 replies
So that means if you have an empty shell, a warehouse or office space and you want to make it a retail space, doctors office or corporate office we will build it.
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6 February 2021 | 11 replies
@Matthew BaileyI’m not a CPA but I have seen many tax returns of my clients whose businesses that they own themselves through an entity (corporations/ partnerships etc) pay rent to another property that the client owns.
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26 January 2021 | 1 reply
Hi @Fahadbin Alam(1) You can either purchase directly in the LLC with commercial financing, or you can purchase in your own name and then transfer into a Land Trust is owned by the LLC (this avoids the due on sale clause and allows you to own the property anonymously) (2) There are no limits to how many LLC's you can buy (3) you pay yourself as a owners draw, or if you are making enough money it can make sense to pay yourself through an S corporation to avoid self employment tax-Cal
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7 February 2021 | 4 replies
Not sure the LLC is providing any benefit in your case. ie, there doesn't appear to be any corporate veil so what's the point?
28 January 2021 | 4 replies
Please don't advise about putting properties into LLC as i have went thru that route and with existing mortgage no matter what they tell you it's easy to pierce the corporate veil is what i learnt.