Re:Elon Musk owns 9.2% of Twitter
by vel0city on Monday April 04, 2022 @10:41AM
(#30907175)
Loads of wealthy people live in houses that they themselves don't directly own. Instead they'll form a real estate LLC that owns property, pays contractors to maintain the houses, and the people will then pay rent to their own LLC to live there to cover the maintenance costs and whatever mortgage/debt the LLC has.
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