Posted by HR on April 20, 2000 at 18:18:57:
Think of your llcs and corps as your sargeants and generals you shall march into battle. Have them ready and waiting in the wings for when you are ready to pounce with an offer. Depending on what state you are in (hopefully not California), it’s cheap (and easy) to set these up and maintain them. I just set up two more a couple weeks ago. I have no idea what deal they will get involed in yet. But when the deal surfaces, they will be ready.
I really like Bronchick’s LLC and corp materials. They have paid for themselves many times over. I also only use the LLCs for rental property.