Hi-I'm just kicking around ideas at the moment, and am not about to incorporate any time soon...so please feel free to suggest some possible ideas without fear that I might jump into dangerous waters.I certainly would speak to an expert first.Anyhow - I am just now considering options. I have no real business (yet) to consider, but may start one some day in income properties/real estate.Goals:- tax minimization- limited liability- desire to pay for things like auto/insurance/SIMPLE plans/health checks/home office/education with pretax earnings- income stream diversification (away from US equities)Wondering how one might set oneself up using LLC/S Corps/C Corps and the Nevada versions thereof. Currently gainfully employed, but looking forward to the day that I might work for self/live off investments.Is a house/car best owned in an LLC? Might I hold high dividend-paying stocks (REITs) in a C Corp in tandem with a small real estate business in order to avoid passing the PHC tests? Just to simplify and make the variables simple...let's say you woke up and had free and clear $3-5MM dollars** and wanted to find a way to structure yourself with the priorities listed above. How would you set yourself up? Married...2 kids (7 & 9.)Always eager to hear about the pitfalls out there. Euro ** - $3-5MM not my actuals...just fishing here...
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