Comments on 2nd Business Idea- this will give you a laugh... i think...

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Mmmmm...Interesting
Your target market for an idea like this would have to be someone with a bit of money. Generally, a person looking for an apartment will end up getting something that does not look anything like what you will see on television. So, to get this you have to be willing and able to spend some money.

posted by nu_guy on August 11, 2007 at 12:35 PM | link to this | reply

Contact Donald Trump

posted by Shams-i-Heartsong on January 26, 2007 at 11:52 AM | link to this | reply

My But You Are Creative

Another interesting thought. This one is an easier sell. By owning the real estate, there is something for the bank to get its hooks in (collateral). The idea of marketing the apartment would certainly appeal to the yuppies not yet ready to buy (I see this as a rental). There could be found a location that would yield tax breaks such as enterprise zone credits and such and the possibilities for marketing could include Seinfield.

Again, form an LLC for each project and consider forming a management company to oversee the projects. This management company is where you can take your fringe benefits above the line (read my article at www.ezinearticles.com entitled Make Sure You KNow What You Are Doing.

Ron Piner, CPA

posted by taxguy on January 25, 2007 at 4:44 PM | link to this | reply