10 December 2012 | 1 reply
My firm focuses on four primary aspects of commercial real estate: Single & Multi-Tenant Net Lease Property Sales including Portfolios, Corporate Sale-Leaseback Transactions, 1031 & 1033 Tax-Deferred Exchanges, GSA Leased Investments.If anyone has suggestions or their own business plan they can send over, that would be a big help.
11 December 2012 | 6 replies
I heard a trust attorney speak once and he was very adamant that if you have a properly executed certification of trust that you as a lender were covered, even if cert is a fake.To a Corporation: Articles of Incorporation, corporate resolution and I do an online check with secretary of state to verify corp is current with state.
3 June 2021 | 29 replies
And so you know, here in America people are allowed to live however they please, so don't think just because I'm here he will be leaving with me.
11 December 2012 | 2 replies
Perhaps this is required of them elsewhere since the association is a no-for-profit corporation, I believe.
23 December 2012 | 17 replies
For those of you who are unfamiliar, a man was able to trade his up from a red paperclip to buy an entire house in just under a year...You can read the story and see the various trades he made here: http://en.wikipedia.org/wiki/One_red_paperclipThese trades happened all over North America, and were done as somehwat of an experiment.
15 December 2012 | 17 replies
All the details of their business is in their SEC S-11 document at http://www.sec.gov/Archives/edgar/data/1557255/000104746912011176/a2212083zs-11a.htmFirst line of the prospectus: "Silver Bay Realty Trust Corp. is a newly organized Maryland corporation focused on the acquisition, renovation, leasing and management of single-family properties for rental income and long-term capital appreciation.As for employees, many of these type of companies do not have any.
14 December 2012 | 8 replies
I've also heard that it's easy for a good lawyer to penetrate the "corporate veil" of an LLC, but am interested in hearing the experiences of people here with regard to this.
18 December 2012 | 16 replies
I think the idea of going after deals without any money and making a ton of cash is just another late night guru sales gimmick that isn't very practical.Hi Rob, this is America the land of opportunity!
22 March 2017 | 27 replies
Wikipida lists the following as examples of self dealing:Examples of self-dealing include:Having your IRA purchase real estate that you own or use.Issuing a mortgage on a relative’s new residence purchased by a family member who is a disqualified person as listed above.Granting a child a second mortgage for the down payment on his or her first home.Buying stock from the account owner involving IRA funds and a disqualified person.Purchasing stock in a closely held corporation in which the account owner has a controlling equity position.Purchasing restricted stock from a family member who is a disqualified person listed above.Equity list the following:Some examples of “Self Dealing”Having your IRA purchase real estate that you own presently.Having your IRA purchase real estate that is owned by a family member of lineal descent, such as your father.Issuing a mortgage on a relative’s new residence purchased by a family member who is a disqualified person as listed above.Granting a child a second mortgage for the down payment on his or her first home.Buying stock from the IRA owner (any transaction involving IRA funds and a “disqualified person” is prohibited).Purchasing stock in a closely held corporation in which the IRA owner has a controlling equity position or, if such corporation is the IRA owner’s employer, in which the IRA owner is an officer if the IRA is established pursuant to the employer’s SEP or SIMPLE programPurchasing restricted stock from a family member who is a disqualified person listed above.Neither list my purchasing an asset from the SDIRA that will not be used for personal use and my research did not find any source that did.
16 April 2013 | 24 replies
The caveat is to make sure you know how to find good people to do the other parts.Very few people are good at everything needed for big projects and investments.My favorite example is where would Ford Corporation be if Henry Ford felt he had to do everything himself in his car company?