News for hackers. Stuff that matters.

A comment on JPMorgan to spend $1B on rental homes in the US to become a megalandlord. Parent comment

Re:JPMorgan to spend $1B on rental homes in the US to become... by scarface74 on Saturday December 31, 2022 @12:02PM (#34198319)
None of them did it using a sole proprietorship. They all set up corporations. What’s the difference?
[ Parent | on HN ]
Re:JPMorgan to spend $1B on rental homes in the US to become... by qualudeheart on Saturday December 31, 2022 @08:16PM (#34202558)
They can sell their personal shares in their corporations to fund it.
[ Parent | on HN ]