Forming 2 Corps, Good Idea?!?!?
My r/e dealings will range between subject-to, wholesaling, tax deeds and one to three rentals. I would like to form an LLC in my home state to "oversee" these deals. Then I would obtain a Nevada C corp to handle the finances (all sorts of cost and loans to the LLC) in which the LLC pays back from profits made in r/e handlings.
Does this sound legit? Feasible? Desirable?
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