Posted by David Alexander on October 09, 1998 at 16:22:19:
on what you plan on doing, just like when you sell
you got to know how much you can sell for before
you buy. You have to know if you going to buy and hold,
flip, etc. It’s not good to keep assets in a corp
from what I understand. Maybe look into having the Corp
be the general partner of a LP if you are buying and holding
assets, paper, rentals. If flipping the structure you mentioned
is good. Also, I don’t think there is alot of case law for LLC’s.
All this is just going by what I have read and learned and by
no means am I authorative on this. So check and see.
Please more comments.