Saturday, December 26, 2009

Nevada corporations for your Real Estate Holdings

Nevada corporations for your Real Estate Holdings 


You must Protect your investment and Nevada is the place.
    

Why Incorporate?
Incorporating separates your business assets from your personal assets and protects your savings, home, retirement and other personal assets from having a "bullseye" painted on them just waiting for any lawsuit against your business. In addition, incorporating adds the potential for additional tax deductions that could put money back into your business.
Why Incorporate in Nevada?
For a long time, Nevada has been known as an extremely pro-business state; They have no corporate income tax and no franchise tax. Nevada is one of the few states where the corporate veil has never been pierced, except in instances of fraud.

Personally, I would only use Nevada Corporate Headquarters, Inc. for all of my business entities protecting my real estate, and other business ventures.

Why Incorporate with Nevada Corporate Headquarters, Inc. (NCH)?
There are many other incorporating companies, NCH is a one-stop, turn key, full service incorporator. NCH is the largest incorporating service in Nevada, and their Senior Consultants are certified asset protection specialists. Their Staff support and innovative systems make creating your business and protecting your assets easy, quick and convenient. You can count on NCH to help you grow you business and protect your family's future.

WHICH CORPORATE STRUCTURE IS BEST FOR YOU?
CLASSIC CORPORATION
The classic corporation (C-Corp or S-CORP) has the most flexibility and are a dynamic business entity. It offers huge advantages that generally aren't part of other business structures; this is one of the reasons why the corporation is the most commonly used in business.  It is a legal entity created completely separate from the individual owner and operator which than separates a corporation's debts and taxes from its owners or shareholders; this could be the greatest personal liability protection of all business structures is provided.
LIMITED LIABILITY COMPANY (LLC)
The LLC is combines the best of both worlds...the best of the D.B.A. type of structure and that of a Classic Corporation.  This type of entity combines the pass through attributes of a partnership with the corporate characteristics of limited liability, distributes profits and losses directly to the individual members of the LLC who are taxed at their personal tax rates. You can use an LLC  to hold property or transact any type of business, and members' personal assets are protected in the event of a business claim. Many real estate investors will use one LLC to hold each property, thus protecting each property from the other.  The LLC also can separate its members from the business itself; that way, there should be no personal liability for LLC debts.  

All of this should be discussed with your legal and tax professionals, which is why I use NCH, Inc.  They will take care of the full package for you.

They have a free 100 page eBook that will explain all of this.

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