Stewardship Group

has anyone heard of the stewardship group or done business with them? They are located in Texas.

Thanks

Comments(6)

  • groverm21st May, 2006

    It may give some added liability protection.

  • mcole22nd May, 2006

    Hmmm… I have to agree with Da Wiz. I think it’s overkill.

    Ask your CPA why they’re recommending this approach. If you’re sole shareholder and President of the C-corp, which is managing the LLC, of which you also own 98% -- I would think that’s an easy veil to pierce. Better yet, ask an attorney what their thoughts are.

    I had two C-corps, in two different states, for years. Then I went to one C-corp, and just recently converted that to an S-corp. I wanted the pass-through income, without dealing with the double taxation issues.

  • fadi22nd May, 2006

    Thanks for the feedback guys.

    He suggested the creation of the C-Corp to create a partnership in the LLC in order to file 1066 rather than have it pass through to me since I am employed.

  • fadi22nd May, 2006

    Sounds like there is no advantage to such structure tax wise. I am going with a single LLC.

  • NewKidInTown322nd May, 2006

    What investment strategy are you planning to implement?

  • fadi23rd May, 2006

    I am going after the deed, wholesaling, holding, and owner financing depending on the deal.

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