Residential Assisted Living Business Plan and things to consider when structuring your RAL operation.
Whenever we look at residential assisted living, there’s really three areas you can fall into. I’m going to say One, Two, Three.
Nine times out of ten, the operating entity is going to be an S-Corp.
Now we get to the Real Estate. Real Estate activities are considered passive. If you are owning the Real Estate than this is passive.
If it’s passive, it’s just like over here. We do not want to turn it into active income.
WATCH and learn the three areas you can be involved with residential assisted living business plans and how to structure them properly.
RAL can be very lucrative for real estate investing and investors.
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