OfflineI want my friend to start an LLc so we can start buying, repairing and selling homes instead of just wholesaling ..
Someone told me he can do this without messing with his Perminant disability by letting the LLc accept the profits and not pulling a salary from it.
How should he go about this? Anyone have any info on this cause I wan thinking he can pay me thorugh the LLC and filter the funds through me so he can make more money without messing his disability.
Eventually he will come off of it because I told him with all my connections and the money we will make, there will be no need for him to collect the 50+ thousand he gets from it.
Thank you very much for any advice.
John
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man ... George Bernard Shaw
Luck Can Beat Skill Any Day ...
John Morrison Jr.
How are you able to do that? I've been RE since april and can't even get a deal lol.
You can't get a deal to wholesale?
Why not?
John
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man ... George Bernard Shaw
Luck Can Beat Skill Any Day ...
John Morrison Jr.