Minority Business – Minority Owned Business

Can my S-Corp purchase rental property under my corporate name? Is there any way to obtain finacial help from the Gvmt. because I’m a minority business?

yes you can purchase rental under your company and it can be tax deductible if it is solely for business purposes.

regarding financial help form the government,there are tons of help but you have to find out if your line of business is qualified for any grant.
www.sba.gov

This entry was posted on Saturday, December 19th, 2009 at 6:28 am and is filed under minority owned business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.