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meadandale
ParticipantI hardly think that the economy is as much to blame as the fact that a) their coffee sucks and b) they are probably one of the only businesses I know that will open competing stores right across the street from each other.
I mean, I know people are lazy and all but does it really make sense to open the damn things a block apart? Are people really incapable of walking a few blocks for coffee?
ParticipantI hardly think that the economy is as much to blame as the fact that a) their coffee sucks and b) they are probably one of the only businesses I know that will open competing stores right across the street from each other.
I mean, I know people are lazy and all but does it really make sense to open the damn things a block apart? Are people really incapable of walking a few blocks for coffee?
ParticipantI hardly think that the economy is as much to blame as the fact that a) their coffee sucks and b) they are probably one of the only businesses I know that will open competing stores right across the street from each other.
I mean, I know people are lazy and all but does it really make sense to open the damn things a block apart? Are people really incapable of walking a few blocks for coffee?
ParticipantI’m no expert on this by any means but I’d imagine most people buy investment property through a corporation for the corporate shield (firewall).
Most of the same reasons that apply to incorporating as a small business owner apply with real estate investing.
I’d go so far as to say that it also makes sense to have each property that you have be owned by a separate LLC.
This way, any liabilities that you have for one of your properties (tenant lawsuit, etc) don’t bleed over and affect any of your other properties. For instance, you could declare bankruptcy on one property (corporation) and all your personal assets (as well as your other properties) are protected.
ParticipantI’m no expert on this by any means but I’d imagine most people buy investment property through a corporation for the corporate shield (firewall).
Most of the same reasons that apply to incorporating as a small business owner apply with real estate investing.
I’d go so far as to say that it also makes sense to have each property that you have be owned by a separate LLC.
This way, any liabilities that you have for one of your properties (tenant lawsuit, etc) don’t bleed over and affect any of your other properties. For instance, you could declare bankruptcy on one property (corporation) and all your personal assets (as well as your other properties) are protected.
ParticipantI’m no expert on this by any means but I’d imagine most people buy investment property through a corporation for the corporate shield (firewall).
Most of the same reasons that apply to incorporating as a small business owner apply with real estate investing.
I’d go so far as to say that it also makes sense to have each property that you have be owned by a separate LLC.
This way, any liabilities that you have for one of your properties (tenant lawsuit, etc) don’t bleed over and affect any of your other properties. For instance, you could declare bankruptcy on one property (corporation) and all your personal assets (as well as your other properties) are protected.
ParticipantI’m no expert on this by any means but I’d imagine most people buy investment property through a corporation for the corporate shield (firewall).
Most of the same reasons that apply to incorporating as a small business owner apply with real estate investing.
I’d go so far as to say that it also makes sense to have each property that you have be owned by a separate LLC.
This way, any liabilities that you have for one of your properties (tenant lawsuit, etc) don’t bleed over and affect any of your other properties. For instance, you could declare bankruptcy on one property (corporation) and all your personal assets (as well as your other properties) are protected.
ParticipantI’m no expert on this by any means but I’d imagine most people buy investment property through a corporation for the corporate shield (firewall).
Most of the same reasons that apply to incorporating as a small business owner apply with real estate investing.
I’d go so far as to say that it also makes sense to have each property that you have be owned by a separate LLC.
This way, any liabilities that you have for one of your properties (tenant lawsuit, etc) don’t bleed over and affect any of your other properties. For instance, you could declare bankruptcy on one property (corporation) and all your personal assets (as well as your other properties) are protected.
ParticipantYou know, I find this whole ‘moral compass’ thread ironic in that marion is talking about ‘sticking it’ to her ex and sisters in another thread.
I’d strongly suggest that people living in glass houses refrain from throwing stones…
ParticipantYou know, I find this whole ‘moral compass’ thread ironic in that marion is talking about ‘sticking it’ to her ex and sisters in another thread.
I’d strongly suggest that people living in glass houses refrain from throwing stones…
ParticipantYou know, I find this whole ‘moral compass’ thread ironic in that marion is talking about ‘sticking it’ to her ex and sisters in another thread.
I’d strongly suggest that people living in glass houses refrain from throwing stones…
ParticipantYou know, I find this whole ‘moral compass’ thread ironic in that marion is talking about ‘sticking it’ to her ex and sisters in another thread.
I’d strongly suggest that people living in glass houses refrain from throwing stones…
ParticipantYou know, I find this whole ‘moral compass’ thread ironic in that marion is talking about ‘sticking it’ to her ex and sisters in another thread.
I’d strongly suggest that people living in glass houses refrain from throwing stones…
Participant[quote=taz]Hmmm…Coop’s diagnosis seems pretty spot on to me…
[/quote]I was thinking the same thing….
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