21 December 2016 | 7 replies
One of those things you should consider some form of corporation or a LLC to protect yourself professional When you have selected your niche and market.

16 December 2016 | 8 replies
One of those things, to protect yourself personally, is to form some type of corporation or a LLC.

15 December 2016 | 1 reply
Hi all,I'd love to hear your thoughts on Rented Corporate Leasing or leasing multiple units to short-term rental management companies at market value.
5 January 2017 | 4 replies
It is not a business entity when it comes to tax, so you must elect - partnership, S Corp or C Corp.

1 January 2017 | 17 replies
The problem is that there is probably already a Smith Houses Corporation that might throw a fit.

11 January 2017 | 66 replies
Your ability to go after a commercial tenant with a personal or corporate guaranty or that runs other businesses, much more incentive for them to do what they are supposed to, and most likely you’ll have a much bigger deposit than a small residential apartment.Then there are the huge number of rules that pertain to residential landlords that don’t apply for commercial.
1 January 2017 | 43 replies
But many banks require the owners of small businesses to personally guarantee the debt of the business so that Johnny Businessowner can't just walk out on the debt and claim corporate protection.It might be helpful not so much that you wish to have to go after the representative/owner personally but more so as encouragement that the company will keep a better eye on their charges.

3 January 2017 | 30 replies
Securities and Exchange Commission (SEC) as: a bank, insurance company, registered investment company, business development company, or small business investment company;an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;a charitable organization, corporation, or partnership with assets exceeding $5 million;a director, executive officer, or general partner of the company selling the securities;a business in which all the equity owners are accredited investors;a natural person who has individual net worth, or joint net worth with the person's spouse, that exceeds $1 million at the time of the purchase, or has assets under management of $1 million or above, excluding the value of the individual's primary residence;[10][11]a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year;[12] ora trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes."

29 December 2016 | 3 replies
You're kind of piercing the corporate veilAny time you intermingle personal/business it opens you up for some liability.

29 December 2016 | 6 replies
I would also recommend forming some type of corporation or a LLC.