Great video. Just came across your channel and it provides real value and great content! From a tax point of view, is there any reason why I couldn't have one company that does both service accommodation and deal sourcing (assuming the company is setup with the correct SIC codes)
You can do this. The key thing is likely to be lenders requirements which may restrict what you do in an entity. Secondly it is all about risk so depends on how you view the risks between the two ventures.
Thank you for this video, it was just what I was looking for! If I operate r2r and PLOs through one company, can I set this up with different types of shares, to freeze the value of mine ie a family investment vehicle arrangement?
There are many banks so all I can hope is you have been able to find a suitable one since your question. Let us know how you got on and maybe it will help another viewer to find the right one.
Really good video. Clear and concise, many thanks.
Glad you enjoyed it!
very clear and concise information. thank you
You are welcome!
Great video. Just came across your channel and it provides real value and great content! From a tax point of view, is there any reason why I couldn't have one company that does both service accommodation and deal sourcing (assuming the company is setup with the correct SIC codes)
You can do this. The key thing is likely to be lenders requirements which may restrict what you do in an entity. Secondly it is all about risk so depends on how you view the risks between the two ventures.
Just found your channel Kimberly! Awesome informative videos. Subscribed, may have to pick your brain in the future 👍🏼😂
Welcome aboard!
Thank you for this video, it was just what I was looking for! If I operate r2r and PLOs through one company, can I set this up with different types of shares, to freeze the value of mine ie a family investment vehicle arrangement?
You would be able to set up with shares as you wish including ones that freeze the value.
Thanks for this. God Bless.
You're very welcome
do we need to give a name(nomenclature) to the company?
or just a number assigned from government ?
You will need to decide on a company name.
I have found it really hard to find any banks that will allow you to open a Holding Company with SPV - anyone have an idea on where to go? Tks
There are many banks so all I can hope is you have been able to find a suitable one since your question. Let us know how you got on and maybe it will help another viewer to find the right one.
valuable info
Thanks