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All Forum Posts by: Robin Cornacchio

Robin Cornacchio has started 30 posts and replied 105 times.

Post: How much to charge for monthly pet rent?

Robin CornacchioPosted
  • Investor
  • Atlanta, GA
  • Posts 110
  • Votes 22

How much would you charge for Pet Rent for 2 large dogs in Atlanta?  Is it better to charge a monthly rent or a non-refundable fee??

Thanks!

Robin

Post: Getting rentals on an LLC

Robin CornacchioPosted
  • Investor
  • Atlanta, GA
  • Posts 110
  • Votes 22

@Dmitriy Fomichenko, by the IRA.

Post: Georgia lease agreement for my rental.

Robin CornacchioPosted
  • Investor
  • Atlanta, GA
  • Posts 110
  • Votes 22

@Account Closed , thank you!  

Post: Georgia lease agreement for my rental.

Robin CornacchioPosted
  • Investor
  • Atlanta, GA
  • Posts 110
  • Votes 22

Does anyone have a Georgia lease agreement that covers all the bases that they are willing to share??

Thank you!

Post: Getting rentals on an LLC

Robin CornacchioPosted
  • Investor
  • Atlanta, GA
  • Posts 110
  • Votes 22

I bought my rental using a SDIRA, then QuitClaim the deed to my LLC......

Post: Crowd Funding question..........

Robin CornacchioPosted
  • Investor
  • Atlanta, GA
  • Posts 110
  • Votes 22

Thank you @Justin Windham

Post: Crowd Funding question..........

Robin CornacchioPosted
  • Investor
  • Atlanta, GA
  • Posts 110
  • Votes 22

@Bernard Reisz ......So, how I'm interpreting your response based on the third paragraph is that it's ok? My SD checkbook IRA is giving a private loan to a business, which happens to be an S Corp. In return, I'm getting monthly interest that will go back into myIRA LLC. Legal??

Post: Crowd Funding question..........

Robin CornacchioPosted
  • Investor
  • Atlanta, GA
  • Posts 110
  • Votes 22

Ok, that's understandable. But what if you are just loaning money to the S Corp, not buying shares?  I found this information online which is why I'm asking about a "loan" as opposed to "buying shares".

"S-corporation rules prohibit the purchase of S-corporation stock by an IRA owned LLC because it is not deemed a qualified owner. However, this restriction does not apply to loans by IRA LLC owned IRAs to S-corporations. The S-corporation restriction does not apply to self-directed Solo 401k."

Post: Crowd Funding question..........

Robin CornacchioPosted
  • Investor
  • Atlanta, GA
  • Posts 110
  • Votes 22

Another question: Is it true that you can't use your Checkbook retirement IRA LLC account to invest in companies that are S Corps?? I currently am investing my personal money in a company where I get monthly dividends. I was told that I would be unable to use my SD retirement acct. LLC to invest in this company because the company is an S Corp. Is this true?