Sentences with phrase «through llcs»

Many real estate professionals like agents or brokers work through LLCs, but also form partnerships and S - corps.

A December analysis by The Real Deal and ProPublica found that Glenwood, operating mostly through LLCs, gave at least $ 9 million to state politicians between 2000 and 2014.

In recent years the PAC's largest benefactor has been Al D'amato, a lobbyist and former U.S. Senator who often makes political donations through LLCs named after real estate companies.

For most of the past election cycle, this top spot was occupied by Leonard Litwin, whose Glenwood Management gave the governor $ 1 million through LLCs.

He contributes through LLCs affiliated with his various buildings, and with a slew of new checks his total to Cuomo stands at $ 1 million.

Cuomo wants to close a loophole in election law that allows for unlimited contributions through LLCs, as well as a bill to block those convicted of corruption from receiving pension benefits through a constitutional amendment's first passage.

On July 11, 2014, through LLCs at its luxury Manhattan properties, Glenwood gave $ 400,000 — the company's largest one - day donation ever — to the Senate Republican Campaign Committee's housekeeping account, plus $ 50,000 to another account.

Most of the contributions were made through LLCs.

BOE enforcement counsel Risa Sugarman brought a case rooted on the original logic that some donations through LLCs circumvented contribution limits, but this was eventually settled out of court.

The state Business Council on Wednesday urged the Board of Elections in a letter to not end what in effect has been a regulation allowing unlimited campaign contributions through LLCs.

Another real estate developer, the Extell Development Co., has also given extensively to Cuomo through LLCs, including two donations last year that were flagged by the Moreland Commission.

Nobody has given Cuomo that much during this second term, but the list of his largest donors is still dominated by companies and individuals that primarily gave through LLCs.

Nearly half of that went to the New York State Democratic Committee, which received $ 400,000 through LLCs tied to the company.

Todd Howe, a key government witness, testified that he had a Syracuse development company donate to the governor through its LLCs in an attempt to make the contributions more difficult to trace.

Much of the money coming to Cuomo through LLCs appears to be from real estate developers, with cable companies and liquor distributors among those also providing healthy cash infusions.

Donations through LLCs have increased over the years, and Democrats were quick to point out their legislation would not bar the entities from political giving.

The offerings are often structured through LLCs, further masking the true owners.

«For my small business, I get all the legal benefits of running my small business through an LLC, but I can be taxed as an S corp, which saves me money at tax time.»

Owning rental properties through an LLC does seem like a good idea for liability protection.

Case in point: Say you own a duplex through an LLC.

A company currently structured as a pass - through LLC may consider «checking the box» to be treated as a C corporation for 2018 and beyond.

Henry — Yes, you can definitely use bank financing through an LLC but you'll have to use a commercial product.

Strikingly, the lion's share of campaign spending made by Glenwood and its affiliates are made through LLC contributions.

Senate Republicans, who disproportionately benefit from real estate money that passes through the LLC loophole, oppose closing it legislatively.

We have another proposal that's called the UBT, unincorporated business tax, which would take care of people who get paid through an LLC or passive income.

Larger businesses sometimes create numerous LLCs to get around contribution limits, but Nixon's campaign said it still won't take money through the LLC loophole.

According to the complaint, in exchange for $ 35,000 in bribe payments to Percoco from COR executives Steven Aiello and Joseph Gerardi (through an LLC set up by Howe), Percoco took official actions that benefitted COR Development, including helping to resolve an issue with the state's top economic development agency relating to a potentially costly labor agreement.

Senate Republicans — who are major recipients of campaign dollars that flow through the LLC loophole — have bottled up legislation proposed by Democrats that would stop LLCs from being treated as if they were individual people under election law.

But the move also makes political sense for unions and their Democratic allies: In recent years, the Senate Republican majority has benefited disproportionately from real estate donations that pour through the LLC loophole.

Howe also received a second secret retainer on his own through an LLC he created, Potomac Strategies, that he concealed from his bosses at WOH.

If a person wants to give more, however, he or she can easily funnel another $ 44,000 through an LLC.

Bharara alleges the payments were masked through the LLC in order to obscure the fact that they were coming from the Maryland firm Competitive Power Ventures, which the prosecutor says also bribed Percoco for government favors.

They point out that recent campaign filings show that candidates are taking in increasing amounts of campaign cash through the LLC loophole that allows corporations to flout donation limits by the creation of multiple LLCs.

What are the rules of giving out a SEP contribution through the LLC?

Borrow the balance that I owe from a bank, roll over the replenished 401k to an individual 401k (through LLC I am establishing) and then take another 401k loan out again and then pay of the bank loan.

If that's the case, then your best steps (right now) are to make sure you're conducting all the property management through your LLC, and also get a hefty umbrella policy.

If we go the personal loan route, we can still run the management of the business through the LLC - again, interested in tax implications for this scenario if anyone does this.

«fighting your way through LLC manufacturing facilities, dodging traps, scrapping minions, and most importantly: GETTING BERG BACK!

Corporations are simply pass - through organizations anyway, with many corporations now getting around taxes through LLC organizations.

Mr. Perez may have a different profit model or want to avoid liability through a LLC.

A partnership agreement may be appropriate but another corporate form like a pass - through LLC may or an LLP may make more sense.

There's normally multiple parties that come to the table to put together a deal and sometimes we run them through the LLC.

I've found that it is substantially harder to invest through LLC's for folks getting started than it is to own it under your own name — especially if you are house - hacking like I am.

We go to closing and Ned buys the property through the LLC, his title interests are protected by the Operating Agreement and lien he has on the asset of the LLC, this is internal to the LLC.

This means you can't sell a property held in your personal name and buy one through an LLC.

If you are in the market for investment real estate, you should at least consider whether or not the acquisition through an LLC is the right choice for you.

The insulation from personal risk exposure for real estate investors provided by LLCs, coupled with the relative ease of administration and potential tax benefits, make ownership of investment property through an LLC a very desirable option in most instances.

Although there are many benefits to holding real property assets through an LLC, a limited liability company may not be the best holding vehicle for every property owner.

How ever it looks like i am going to be creating an LLC anyway because of the flipping im going to be doing, so my private money lender funds will go through that LLC.

A good attorney can run through an LLC like Grant through Richmond.