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**allinvain** · 10-19-2007, 09:11 AM

Pete it's not that simple. To accept outside or "third party" funds the IBC would have to have a financial services license. I think the way around that would be to simply use "loans". Another method would be to use a Nevis LLC and have each investor become a member of the LLC which is hybrid between a Limited Liability Partership and a Corporation.

Anyways, just my two cents.

10-19-2007, 09:11 AM	#7 (permalink)
allinvain Money Guru Join Date: Mar 2007 Location: In outer space Posts: 707 Portfolio: see my blog Fav Ecurrency: None Thanks: 40 Thanked 77 Times in 51 Posts	Re: NobsProject - Real Estate Development Pete it's not that simple. To accept outside or "third party" funds the IBC would have to have a financial services license. I think the way around that would be to simply use "loans". Another method would be to use a Nevis LLC and have each investor become a member of the LLC which is hybrid between a Limited Liability Partership and a Corporation. Anyways, just my two cents. __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.