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Investment Banks Fail and its Impact on You and I

Posted by: Investors Lounge Online in Sub Prime Lending, Refinance, Recession, Real Estate Investment, Real Estate Agents, Over Leveraged, Over Financed, Mortgage Fraud, Mortgage, Market Prediction, Market Bubble, Loan To Value, Legislation, Investment, Insurance, Foreclosure, Financing, Equity, Economy, Credit Report, Credit Cards, Corporation, Commercial Real Estate, Bankruptcy, Bank Owned on Sep 16, 2008

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Business Entities

Posted by: Investors Lounge Online in LLC, Corporation, Business Entities on Apr 01, 2008

business Entities If you own a business you have probably been told to just set up an LLC or Corporation and you are protected. Unfortunately, this strategy may not protect you. In many cases it is most effective to have multiple entities to separate the business from the assets. Yes, you can use an LLC to manage the business but it may be unwise to hold significant assets in the LLC. Really you will need to

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C-Corp vs. S-Corp?

Posted by: Investors Lounge Online in Tax Benefits, S Corp, LLC, Corporation, C Corp on Apr 01, 2008

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Why not to be a Sole Proprietor

Posted by: Investors Lounge Online in Tax Benefits, Sole Proprietor, LLC, Corporation, Business Structure, Business Entities, Asset Protection on Apr 01, 2008

Business Plan Many business owners use the sole proprietorship because it is easy to set up, maintain, and take deductions. Unfortunately, this is where the benefits end.

Basically, if you do not choose a business entity then by default you become a sole proprietor and are limited by the number of deductions you can take. In other words, it is the "bottom of the barrell, " for deductions. At least take a

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