I have been very fortunate to have the support of them in almost everything I have done in the past, however they would rather see me graduate and become just like them, working in corporate America, and that is not what I want.Thank you so much

I have been very fortunate to have the support of them in almost everything I have done in the past, however they would rather see me graduate and become just like them, working in corporate America, and that is not what I want.

Hello,Seeking opinions/insight into "loaning" from one of my corporations to another from a tax perspective:Quick Background:I have a C-corp for software development business.

Lets try to keep away from the political side of things with illegal aliens and what some banks are doing, but speak those who are properly trying to do things and may not understand just what to do to help their situation.

Since it was set up as a corporation (an hoa/coa/poa is a corporation) there may be legal problems with turning it into rentals.

The following rules apply if a corporation makes your contribution, these rules apply: If you have a controlling interest in the corporation and the property has been held for more than one year, the corporation can deduct up to ten percent (10.00%) of the net profit of the corporation.

Realize that you face issues that people who work for corporations don't face - namely insurance issues and retirement savings plans.

All we were told was that it was corporate owned (no disclosures at all), had a fire, and there were obvious holes in the walls.

BTW Rich, we should keep these to the political talk room to make it easier on the mods.

Do they have corporations finance the properties?