They simply can't survive on 1% CD Rates, They have become very distrustful of corporations and even banks.

@Jak why would you pick a c corp over an S corp or LLC?

It is modeled on British system.It didn't give any more details, so not sure if it will only be limited to corporations or be extended to individuals, in particular landlords.

i don't....quick note, at lowe's their policy is they'll hook up the stove antitip bracket and the fridge water supply line if you want them to...the delivery guys won't tell you this, but it's corporate policy...the water line isn't a big deal, but i hate drilling into slab floors to install the antitips, so i have them do it..they're also supposed to take all appliances out of boxes and take the trash with them if you ask

And as Americans they will spend that extra money.

Please tell me you weren't watching American Idol :roll:

What's important for all americans is that HE IS DEAD!

It is always a good idea to run all real estate transactions either under a corporation or an LLC.

For that reason, if you are doing several wholesale deals I would get your LLC formed asap and elect to be taxed as an S-Corporation.

First, a condo is (probably) a corporation, run as a corporation, under state and local law.