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6 May 2024 | 10 replies
It is a 7-unit building in Frederiksted and we put it in a USVI LLC for the corporate protection benefits.
8 May 2024 | 24 replies
Or is it viewed as a "brand-new" company since a new LLC is formed and the corporate credit is non existent?
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6 May 2024 | 8 replies
If you want to invest a privately owned firm may be the way to go as they have less of a corporate structure setting restrictions on you.
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6 May 2024 | 19 replies
Usual structure they recommend is the LLC and LP structure with a C Corp or LLC as the GP and myself as the LP to avoid double taxation.
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6 May 2024 | 23 replies
Currently, I hold an executive position in a major tech corporation.
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4 May 2024 | 2 replies
Hell Looking to understand and get advice if there are still accessible opportunities to grow wealth through real estate in the Seattle area (Seattle, Bellevue, Issaquah or beyond).Objectives: - De-risk income/wealth from my full time job - Grow wealth (property appreciation) - More cash flow (if possible)- Have somewhere to stay (myself and family) when I visit (why something like STR/corporate rental would be great - can have a spare few weeks here and there)I have a couple properties in the Seattle/Bellevue area.
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5 May 2024 | 3 replies
But some of us file other things on Schedule E – Like Corporate Tax Returns or Partnerships.
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3 May 2024 | 3 replies
Can someone point me in the right direction on where I can get the form to add an addendum into my lease about what I'm using the corporate unit for.
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4 May 2024 | 28 replies
If I do pay myself, then when I need the money again to pay for upgrades and I transfer money from my personal back to my business, does that pierce the corporate veil (I have an LLC set up)?
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3 May 2024 | 5 replies
If you get further into your process and would like a free consultation, please schedule a time with me below and we can connect.https://bit.ly/Meet--DavidDSCR Highlights:• Interest-only available• Cash-out options• Can close as corporation or LLC• Unlimited number of financed properties• Only LTV, FICO, and DSCR required• Loan amounts between $100k - $3.5mm• LTVs up to 80%• FICO down to 640• 1-4 unit residential, 5-8 unit residential, 2-8 unit mixed use, condo and condotel