I have 2 questions,
I have a question, if you have the answer and solution to my question then I would be glad to py for the service.
I have a startup corporation; I have cash in the back of my own personal
. the corporation is a c corporation in Illinois, and I. I will be investing the cash into some real estate transactions
, but want to do it in the name of the corporation. What I thought about doing is signing a contract as an investor with the corporation, it will then, take my cash and invest it in the real estate transaction. My corporation buys and homes, fixes them and re -sell. what would be the best or recommended course of action for when it comes to tax
time as to how I would claim this as an individual
and as a corporation. I want to make sure I structure it correctly?
#2 I have no par value stock and and want to increase number of shares for the coroporation , currently have about 5,000 and and want to increase to 10,000,000 at the lowest value which comes out toabout 0.0001 or somthing like that . Then the goal is to trade my cash for stock in the corporation and use the funds to invest. How would this work during tax time for individual and the corporation?