Has anyone set up a business trust to hold assets such as real estate?

like
Posting as :
works at
You are currently posting as works at

I think most business real estate is held in LLC due to the “limited liability” element

Related Posts

Think Covid is gonna get out of hand in the few months. Any stock recommendations in light of this?

likesmart

What’s the general guidance on the order to maximize retirement contributions for tax benefits for an normal individual and for a self employed/small business owner before moving to taxable accounts or alternate vehicles like cash value life policies?
I’ve seen for individual: match trad 401k->match roth 401k->max roth IRA->max trad IRA->max trad 401k->max roth 401k->max HSA
For self employed: max SEP IRA/solo 401k->max roth IRA->max trad IRA->max HSA

Of course situations differ but in general?

like

Which style home do you prefer and why?

like

For all you money people, which platform is the best (user friendly and lowest fees) for trading among: trade station, interactive brokers, td, fidelity, eTrade, or schwab? Does how much $ you’re playing with make a difference in choosing?

Investing newbie here: pros cons of getting a rental property vs investing in stocks?

like

Finished Stern interview and think I have a good shot of getting in. Trying to determine if 200k is worth it for an EMBA? The debt scares the shit out of me. Thoughts?

like

What’s your target retirement number and at what age do you plan to retire?
Of course I know it depends on a wide range of factors, but I’m curious to get a sample from this group.
Mine is $5M at 55.

like

How do y’ll save money on taxes? Other than obvious routes like 401k.

like

What other cards to add to my collection? I have AmEx Platinum and Chase Sapphire Reserve. Fly Delta so AmEx is handy for lounges. Use Sapphire for dining/travel. Should I add Chase Freedom Unlimited?

like

Hi everyone, any tips for resignation letters, who to meet/tell first, what to do before your last day (i.e. anything adulty like 401K or healthcare)? Any insights would be greatly appreciated!

like

Does FIL provide Corporate NPS for tax savings purpose?

Pranam Fieshes ,

How to declare tax on joining bonus? First time got joining bonus , how to mention it in tax declaration . Please help

Your lovingly,
Fish

like

As you hold your stocks, be sure to hold your loved ones a little 💖closer💖

likefunnyuplifting

What is a reasonable rent increase %

like

Facebook to announce payments via LTC.. (Which explains why Charlie Lee dumped his coins in advance to avoid any 'personal interest' or 'decision bias' allegations)

like

How do you invest and save for your children? I’m thinking about setting them up with custodial brokerage accounts but don’t want them to have a heyday at 18. Did you create irrevocable trusts or?? They are too young for earned income and I don’t own a business so no IRA investing opportunities here.

like

How much are you contributing to your 401k?

I am curious how Onesource Income tax stacks up against it's competition.

Does anyone know if the 10% penalty and if taxes are waived on a death of a beneficiary? A friend of mine’s 17 year old pass away. I was wondering due to the circumstance, is there any way he can get around paying extra money by doing a 1035 exchange, rollover, withdrawal. Anything out there? Suggestion are welcome.

Starting apartment hunting in NYC soon. Any tips and recommendations for studios & 1 bedrooms in the city in terms of price range, ROI, neighborhood, down payment, best time to invest etc.

More Posts

What type of advisory has good pay, decent work life balance, rarely requires travel, and allows fully wfh options. I have 1.5 years audit experience and am a CPA. Please advice me 🙏

like

CitiusTech Hirings.

Please send your experience and required position at
vinayshankarmails@gmail.com. I'll send you the referral link. DM for any additional details required.

Post Photo
like

Applying for a entry level position at MBB. Should I list my SAT score on my resume?

like

How to get from 18 LPA to 50LPA, presently have architecture exposure along with DevOps and Operations for microservices with automation
I can guess few replies , still checking :D

like

Looking for tips on where to go in Caribbean in March. Ideally a great SPG/Marriott/Hyatt on the beach with solid local nightlife in walking distance.

like

Is it worth it to leave a current FTE perm role to work for Google as an freelancing executive producer, 6+ contract with possible extensions pending budget, performance etc? Debating the massive brand name and experience but leaving job security etc. for it

like

Which one of the two has more long term monetory benefits/growth? Working as a product manager or working as a software developer. I need an honest opinion.

like

Looking for a luxury 1bd apartment (stainless steel appliances, nice pool, etc.) for less than 1.5K. Is this realistic? I was looking at Gables Water Street & Crest at Las Colinas ( both are in Las Colinas area but also considering Uptown and Frisco). Any suggestions?

like

Hi guys,
I am currently looking for new opportunities.
Skills - Linux and AWS (certified SAA) with experience in Jenkins and Docker.

YOE - 2.7yrs

Can someone refer me in other IT companies

like

How much can we salary can we Optum ask for a Senior data analyst at optum?

like

How difficult is to get into McK Mumbai without an MBA? I am working as IT Support Jr Engineer in KC

likefunny

Recently joined.. How to know who is our HR..whom to take concerns with..like need to switch project..etc..

I think I’m about to get my first experience of getting in trouble with a partner for work that I actually already sent for review and followed up on multiple times (and brought up during calls). Stay tuned… 😑

like

Hello ZS Fishes,
Can someone refer me to the ongoing recruitment drives at ZS for BTA, BOA or other roles?
YOE -1.6 years
Background- Software engineer
Please DM if you have any leads.
TIA. :)

like

I’m on the consulting side (FDD) and I’m curious if there are PE firms with good WLB. I’m happy with my pay, growth, and hours. PE interests me but I don’t understand why anyone would want to consistently work 65+ hours a week every week. What’s the appeal? Making double the pay? What’s the exit plan?

like

Has anyone successfully transferred offices within Texas? Dallas to Austin.

like

Do you think Ellen Degeneres will have a comeback?

like

Hi Fishes :
I have 2 offers for Automation Engineer:
1- EPAM Anywhere - 21LPA[inc. Bonus] - Totally Remote
2- Jio Infocom - 21 LPA[Fixed] but with lot of provisions in CTC - Will call to office [location : Mumbai]

YOE: 6 Years
Need your suggestions

like

Is any from valueLabs? I have cleared 2 technical rounds there and they have scheduled 3rd round which is going to be a coding round taken by manger. Any idea what type of problems they may ask ? I am interviewing for automation tester position with java/ python

like

Hi Sharks, I have received the following offers from Infosys -13lpa ,@techmahindra-16lpa
No offers in hand but got selected in following compaies
@wonderbiz
@chubb
@valuelabs
@trianz

Can you suggest which company offers better career growth?

like

Additional Posts in Personal Investment Chatter

Investing newbie here: pros cons of getting a rental property vs investing in stocks?

like

What’s your target retirement number and at what age do you plan to retire?
Of course I know it depends on a wide range of factors, but I’m curious to get a sample from this group.
Mine is $5M at 55.

like

Dinner after rough day in market 😁

Post Photo
funnylike

Realized some gains from a trade and I have 5k to move. I’m looking at TGT or WMT as an alternative play to AMZN. I’m looking to start a long position 3-5 year hold/add and reap some dividend reinvestment. Any opinion of which one to go with?

like

To those who consistently invest in Bitcoin or other crypto, why? Genuinely curious into why you’re long term bullish about it. Debating adding it to my list of regular investments but can’t mentally justify it yet.

like

Why are markets up today ? Has the panic subsided?

like

Newbie trying to get a better understanding: is it better to max the 401K or just hit company 401K match and max Roth IRA first?

like

I bought SQ at 10. (3k)
SHOP at 29 (1.5k)

Unfortunately sold the first at 23 and the second at 70.

C’est la vie

like

Finally, eligible to buy T$LA 😁

Post Photo
likefunny

Lease on my current vehicle ends in a few weeks. Do you think auto prices will drop and financing will become free in the next little while?

Should I hold off and Uber around until the drop?

like

Im a second year business analyst. Is it pretty normal to get no tax refund or owing a little money this year? Assuming average investment in accounts etc.

like

My wife reads nearly an entire book per day just in her spare time after work, no exaggeration. I’m amazed by her and wondering what ideas are out there to monetize her skill? Book editing maybe?

likefunnysmart

World Bank announced that the economy has shrunk by 5% (the largest since 1960). Unemployment is near 15%. US is technically in recession. Can someone explain this ridiculous stock market bubble?

like

What is the advantage of having a checking bank acct? I only have savings accts. Am I missing something?

For those that have physical gold in their portfolio, what do you buy? What do you think is the best value? Coins? Bars? Other? And what weight increments do you usually buy?

like

Have about $15-20k to invest. Want to mix it up between short term and long term investments. Any ideas or opinions where should i put it?

like

I’m looking at investment a portion of my portfolio into alternative investments. Maybe around $30k to start. Anyone have recommendations or experience with Alt investment vehicles? (e.g., crowdfunded startups/real estate, PE, VC ETFs)??

like

Can my current lender refuse to accept the payment from refinance lender because they want to make more money from me? How do I sue them ?

likefunny

Just closed on my first home!!!!

likeuplifting

Good neighborhood for buying rental investment properties in Dallas? Have budget of around $400k.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal