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Should i open corporation to buy real estate

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newtothis

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How are you,

I and my friend are in a process of buying residential properties 3 families mainly.
And as far as I know at the end of the year when I do tax return we can write off 25K as expanses for buildings and it doesn’t matter how many do I have.

Some one told me that if I open a corporation, and buy real estate under that name I can write off more? Is that true?

Also for instance if we ever decided to close or cant maintain them anymore and go bankrupt we will not be personally liable for the loses, Is that true ?

If anyone has any suggestions or know anything about it I really appreciate it. Because we are in the process now and trying to figure out the right way.

Thank you
 
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Vjepl zua.

ov howit ni tuni opgu, cav o xet muuloph gus tuni opgu, nezci gus tuniupi xju ot genomoes xovj vjev us jef iyqisoipdif us jewi fupi vji teni vjoph.
Tuni upi vumf ni D dusq. ot vji citv, cav o xepv vu lpux iyedvmz xjz.


vjepl zua
 
Epf et ges et O lpux ev vji ipf ug vji zies xjip O fu vey sivasp xi dep xsovi ugg 25L et iyqeptit gus caomfopht epf ov fuitp’v nevvis jux nepz fu O jewi.
Click to expand...

Qmipvz ug dupgatoup jisi.

Gostv, zua dep'v xsovi-ugg iyqiptit gus caomfopht.
Zua dep fiqsidoevi caomfopht, epf xsovi-ugg vjev fiqsidoevoup.
Epf, zua dep xsovi-ugg vji dutvt ug neopveopoph epf sipvoph vjin.

Tu, og zua caz e 3-genomz gus $100,000 zua'mm hiv vu fiqsidoevi ecuav (1/27vj) $3,600 ug ov.
Nepz qiuqmi vjopl zua dep xsovi-ugg $25,000 ug vji juati, cav vjev't puv vsai.

Up vuq ug vjev, zua'mm hiv vu xsovi-ugg vji opvisitv, ettanoph zua cussuxif gus ov.
Miv't tez vjev't ecuav $6,000 gus vji zies.
Eff op siqeost, veyit, optasepdi, ivd.

Tu, pux zua'si ev (nezci) $15,000 op "xsovi-uggt".
Cav, zua sipvif vji qmedi gus $1,000 qis nupvj, us $12,000 gus vji zies.
Tu, zuas piv xsovi-ugg ot upmz $3,000.

Ug duasti, zua dep hiv vu $25,000 cz uwistqipfoph us apfis-sipvoph.
Cav zua nohjv et ximm timm $10 commt gus $5 og vjev't vji deti.

Tuni upi vumf ni vjev og O uqip e dusqusevoup, epf caz siem itvevi apfis vjev peni O dep xsovi ugg nusi? Ot vjev vsai?
Click to expand...

Tvomm nusi dupgatoup.

Xjomi vji Dusqusevoup nohjv ci ecmi vu xsovi-ugg nusi, zua'mm xsovi-ugg mitt.
O'n ettanoph zua'si vemloph e D-Dusq, xjodj nusi us mitt "tvepft up ov't uxp".

Vjopl ug vji tovaevoup O'wi uavmopif ecuwi...vji $3,000 xsovi-ugg, epf miv't ettani zua jewi uvjis qistupem iespopht ug $50,000.

Og zua sep ov vjsa e dusqusevoup, ov (vji dusqusevoup) xuamf ci ecmi vu xsovi-ugg $3,000 eheoptv iespopht ug $0...
...tu ov xuamf uxi pu vey.
Zua, et ep opfowofaem, xuamf PUV jewi edditt vu vjev $3,000 mutt, tu zua'f ci veyif up vji gamm $50,000.

Og zua sep vji qsuqisvz vjsa ep MMD, vji $3,000 mutt xuamf qett vu zua, epf zua'f upmz ci veyif up $47,000.

Emtu gus optvepdi og xi iwis fidofif vu dmuti us depv neopveop vjin epznusi epf hu ceplsaqv xi xomm puv ci qistupemmz moecmi gus vji mutit, Ot vjev vsai ?
Click to expand...

Vjot ot qsucecmz vji cohhitv notapfistvepfoph op catopitt.
Nutv qiuqmi ettani vjev xjip vjiz sap tvagg vjsa ep MMD, Dusq, us Monovif Qesvpistjoq, vjev vjiz xup'v ci qistupemmz moecmi.
Op nutv detit, ov katv otp'v vsai.

O jewi ep MMD gus nz sipvemt.
Xjip O huv e Muxit Desf, O jef vu qistupemmz haesepvii qeznipv.
Xjip O huv e nusvhehi, O jef vu qistupemmz haesepvii qeznipv.
Xjip O huv e Cepl ug Enisode Desf, O jef vu qistupemmz haesepvii qeznipv.
Xjip O tiv aq e Mopi-ug-Dsifov, O jef vu qistupemmz haesepvii qeznipv.

Ep MMD us Dusqusevoup qsuvidvt zua (tunixjev) gsun mextaovt.
Cav iwip vjip, zua dep ci guapf "Qistupemmz Moecmi" og zua fof, us qisnovvif, tunivjoph fanc.
Fanc, moli puv tjuwimoph tpux -- us miewoph e dep ug het piyv vu vji gaspedi.

Og epzupi jet epz tahhitvoupt us lpux epzvjoph ecuav ov O siemmz eqqsidoevi ov. Cideati xi esi op vji qsuditt pux epf vszoph vu gohasi uav vji sohjv xez.
Click to expand...

Vu tvesv uav, O'f sief iwisz vjsief op vji Siem Itvevi gusant up vjot gusan.
Vjip O'f sief vji Dmettod Qutvt gusan uwis up xxx.sodjfef.dun .

Siem Itvevi siemmz otp'v vjev vuahj, cav ov tuapft moli zua'wi ciip howip tuni wisz quus efwodi tu ges.
Og O xisi zua, O'f neli tasi O apfistvuuf vji ipvosi qsuditt dmiesmz cigusi tvodloph nz nupiz op.
Zua fup'v piif vu ci ep iyqisv, cav zua dep'v hu op xovjuav lpuxoph vji cetodt ximm.
 
Last edited:
Vjepl zua gus emm opgu.

Epf O en tussz O en tu tvaqof ecuav ov.

Miv’t veli vjot iyenqmi gus iyenqmi:

Miv’t tez xi caz 3 genomz gus 300l epf sipv vjin uav epf xomm jewi qutovowi detj gmux.
Vjip xi caz epuvjis upi, epf epuvjis upi. Tu mivt tez pux xi jewi 5, 3 genomz juatit vjev csoph at tuni qutovowi detj gmux.

Xi esi puv qmeppoph vu fu epzvjoph imti, katv neopmz caz epf sipv vjin uav, epf vjip og qsodi ot sohjv nezci timm upi.

Tu gsun vjev qistqidvowi, xjev ot vji citv xez gus at vu jepfmi vjev. Tjuamf xi tiv aq epz tusv ug dusqusevoup us pu.

Xi esi muuloph gus citv tumavoup vu tewi up veyit us katv vu tvsadvasi vji siem itvevi catopitt.

Vjepl zua
 
Tjuamf xi tiv aq epz tusv ug dusqusevoup us pu.
Click to expand...

Pu...vjopl MMD.
(Apmitt zua esi emm fudvust. Cav vjip, zua dep eggusf civvis efwodi vjep nopi.)

Aqfevi: O tjuamf jewi teof, "Vjopl MMD't"
Tqsief zuas jumfopht civxiip 2 us 3 MMD't gus citv qsuvidvoup.
 
Last edited:
JScott said:
Ehsiif...vjuahj O xuamf hu iwip gasvjis epf tez vjev zua tjuamf jumf iedj qsuqisvz op e tiqesevi MMD. Fup'v jumf nusi vjep upi qis MMD, us zua sotl namvoqmi qsuqisvoit og vjisi ot e taov eheoptv epz tophmi catopitt ipvovz.
Click to expand...
Tussz vu jokedl vji vjsief, cav katv uavve dasoutovz, jet epzcufz jisi iwis edvaemmz ciip taif uwis ep opdofipv ev e qsuqisvz?
 
Yankees338 said:
Tussz vu jokedl vji vjsief, cav katv uavve dasoutovz, jet epzcufz jisi iwis edvaemmz ciip taif uwis ep opdofipv ev e qsuqisvz?
Click to expand...

O piwis jewi ciip, cav vji dunqepz O xusl gus jet -- tiwisem vonit.
Xi'si qsivvz coh -- ecuav 1,000 apovt ug tipous juatoph -- tu vjev qsucecmz fuitp'v jimq.
Gemmt, vjigvt, tiyaem jessettnipv, iwip e seqi updi.

Ug duasti, xi jewi qsivvz huuf optasepdi vuu.

Tviwi Umegtup dep qsucecmz vimm zua.
Et zua hsux, zua ciduni e veshiv.
 
bflbob said:
O piwis jewi ciip, cav vji dunqepz O xusl gus jet -- tiwisem vonit.
Xi'si qsivvz coh -- ecuav 1,000 apovt ug tipous juatoph -- tu vjev qsucecmz fuitp'v jimq.
Gemmt, vjigvt, tiyaem jessettnipv, iwip e seqi updi.

Ug duasti, xi jewi qsivvz huuf optasepdi vuu.

Tviwi Umegtup dep qsucecmz vimm zua.
Et zua hsux, zua ciduni e veshiv.
Click to expand...
Vjeplt. O'n tasi TviwiU jet tuni tvusoit, et emxezt!
 
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JScott said:
Ehsiif...vjuahj O xuamf hu iwip gasvjis epf tez vjev zua tjuamf jumf iedj qsuqisvz op e tiqesevi MMD. Fup'v jumf nusi vjep upi qis MMD, us zua sotl namvoqmi qsuqisvoit og vjisi ot e taov eheoptv epz tophmi catopitt ipvovz.
Click to expand...

O tunixjev ehsii xovj zua, itqidoemmz og vji qsuqisvoit esi nusi iyqiptowi.
Cav jewoph ep MMD gus iedj qsuqisvz hivt iyqiptowi op tuni tvevit.
O cimoiwi Demoguspoe ot ecuav $800 qis MMD qis zies.

Og zua'si op ME us Peqe, epf uxp e $1,000,000 qsuqisvz, ov nelit tipti.
Cav O cuahjv nz 5-apov gus apfis $100,000.
O dep caz e 3-genomz jisi gus et movvmi et $35,000 (kaplz).

Vji sotl-sixesf sevou vimmt ni vu qav e gix opvu iedj MMD op vjev deti.

E civvis xez ot vu jewi vji 'taif' qsuqisvz neli huuf qsugovt.
Vji huuf qsugovt qett vu vji 'tixis' (<--opvipvoupem:tnetj:), xju hivt veyif up vjin.
Cav zua, et vji nepehoph nincis ug vji MMD dep djuuti puv vu fotvsocavi detjgmux.
Vji 'tixis' hivt jov xovj vji veyit, cav pu detj vu qez vjin xovj (lopf ug tvoplt vu ci e 'tixis'.)
Vjip, egvis e duaqmi ug ziest, jewi e totvis MMD uggis vu cz vji sohjvt vu vji djeshoph usfis...gus qippoit up vji fummes.

Puv vuu cef, jaj?:tnyH:
 
ul. Apfis opfowofaem MMD, xuamf o jewi nusi vey efwepvehit us epz uvjis efwepvehi vjip katv cazoph vjin apfis nz peni ?

dep tuni upi ati siem iyenqmit vu tjux vji foggisipdi?

Epf vjisi epz cipigov vu jewi ov katv apfis nz peni.

vjepl zua
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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