I have been advised by a local real estate attorney that the S-corp I formed for my brokerage is fine to do business under for short-term real estate transactions, where I would be holding a property for no longer than six months.
Is my S-corp permitted to be a member of an LLC where another member is an individual or another LLC? Is it permitted to joint venture with the same entities? What constitutes a joint venture and is it a good idea for ad hoc, transaction by transaction, business associations? What documents would we be required to file?
