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Q: Best Inc idea for a AZ Real Estate Investment and Prof. Consult. biz $20 ( No Answer,   0 Comments )
Question  
Subject: Best Inc idea for a AZ Real Estate Investment and Prof. Consult. biz $20
Category: Business and Money > Small Businesses
Asked by: raptor55-ga
List Price: $30.00
Posted: 02 Feb 2003 11:04 PST
Expires: 07 Feb 2003 18:25 PST
Question ID: 156385
I am interested in conducting business in a couple of seperate areas.

The first will be the purchase of Tax Lien Certificates in the state
of Arizona as an investment.   I wold like to be able to pay expenses
with pre-tax profits from these investments and then be taxed only on
net profit/loss.

The second area of business will be the purchase and sale of improved
property such as residential homes, condos, and eventually small
apartment buildings.

The third area of business will be doing 1099 consulting work as a
security consultant (the kind that carries a gun, not the kind that
offers advice on stocks).

Question part 1:  Can I cover all of these areas through a single
corporation and why would I want to/not want to.

I am familiar with incorporating in NV but am also familiar with the
delays in mail processing, banking, etc, neccessary to keep up the
"fascade".   All of my investment business will take place in AZ and
my 1099 business will take place all over the US and world.  Comments?

Question Part 3:  What form of Inc would be best in terms of liability
protection and tax advantage (in AZ).

Thanks,
Raptor

Request for Question Clarification by serenata-ga on 07 Feb 2003 04:28 PST
Hello Raptor55-ga!

You may wish to break this into two or even three questions for easier
answers from those Google Answers Researchers with expertise in each
of these areas, and the details vary for each of your three questions.

The Google Answers FAQ may be able to help you with that: 
http://answers.google.com/answers/faq.html#pricing

One of the reasons is that incorporating is for the purchase of Tax
Lien Certificates and real estate investment is fairly
straightforward, while there are other requirements besides merely
incorporating to qualify as a security guard.

Arizona and most states have stringent qualifications for security
guard licensure, requiring extensive background checks of both
individuals applying for licensure and the companies/corporations
employing those individuals.

You are more likely to get better information by breaking your
question into parts for answering.

Yours ever so,
Serenata

Clarification of Question by raptor55-ga on 07 Feb 2003 12:52 PST
Thanks for the response....this may help.

I am not interested in any response regarding the security part of the
Corp, other than the "business aspect", IE what is best in terms of
profit.  No need for liscencing, etc. type info, only what would be
the best method to incorporate in terms of profit and liability (from
the asset aspect, not the vulnerability of liscencing aspect).

Hope this helps,
Raptor
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