Dialogue from a Robert Mitchum movie.
Timing is everything.
In the case of a Subchapter S corporation, the profits and losses of the corporation will be reflected in the individual tax returns of the shareholders of the corporation, according to the number of shares of common stock held by each. Another approach is to assemble a team, and then go looking for an opportunity. We just mentioned connections and contacts that could prove of value. Always remember that even people who are down on their luck may have connections and contacts of great value to you. Regarding how much to pay, how much to invest, or how much to give up when negotiating anything, see Sections 115, and 118-119.