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12 March 2021 | 11 replies
I contacted Corporate Direct and Wyoming LLC Attorney (that's the website name) and both recommend I form an LLC in Ohio then a holding company in Wyoming given their favorable laws.
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2 January 2021 | 0 replies
Is anyone willing to share the lease they've had with a corporate / short-term rental operator (e.g.
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6 January 2021 | 12 replies
You can go to your state corporations division website and access all the instructors, documents, and guidance needed.
3 January 2021 | 4 replies
I have seen 25% down when my buyer is a doctor giving a personal guarantee and has really high income like 600k to 1 million a year.Lenders put more on buyer say 80% to qualify when it's a weaker tenant and reverse that typically about 80% weighted on tenant when they are investment grade and parent corporate is guaranteeing the lease.
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10 January 2021 | 6 replies
You'll have to check out the annual corporate fees in your jurisdiction, and other fees, such as CPA fees to see if it makes sense for you.
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5 January 2021 | 8 replies
Or is that solely a function of most REPs running their rentals taxed as a corporation, rather than as a partnership, forcing the income into the W2 category other than owner shares paid?
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10 January 2021 | 5 replies
Another alternative is to try furnished corporate rentals where you rent to traveling professionals for 1-3 months.
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13 January 2021 | 22 replies
NOI sort of equates to EDITDA, if you are talking traditional corporate finance.
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5 January 2021 | 1 reply
Start a new corporation and look into getting some sort of start-up funding or LOC for backup funds.
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5 January 2021 | 0 replies
Start a new corporation and look into getting some sort of start-up funding or LOC for backup funds.