Posted by Bill_AL on January 20, 2004 at 18:43:21:
I suggest you try a more appropriate discussion forum for your question. The Financing Forum and the Legal Forum will have experts ready and willing to tackle your questions. I wish you every success in your endeavors!
Bill
?'s on corporations and cash flow - Posted by Mike
Posted by Mike on January 20, 2004 at 09:58:08:
I have a number of properties which produce a significant amount of cash flow. I would like to put them into two corporations and have the banks loan the money to the corporations to purchase more investments. 1st How should I separate the properties to make the corporations have equal strength? (cashflow or equity) 2nd What entity should I choose? (maybe an LLC with flow through taxation)
3rd How are the banks going to look at the corporations? (How much cashflow would they need to show)
4th I want to stop working at my job and work solely on finding investments. How will this affect things?
5th Where can I find like minded people such as financial planners, tax attorneys, accountants, & bankers?