Trisha S.
What are the Abandonment Procedures?
14 October 2014 | 6 replies
I have communicated with you on the providednumber and email regularly starting October 8th, 2014.On October 8th, 2014, we entered theproperty to find most of your personal belongings had been removed, suggestingyou have abandoned your tenant agreement.If you do not reply to this letter inperson, in writing or by phone within 10 working days, formal abandonmentprocedures will commence and your lease will be void.
Meng W.
Long time tenant refuse to pay late fee
23 June 2015 | 3 replies
All payments made by Tenant to Landlordafter the tenancy commences, no matter how designated by Tenant, will beapplied as follows: first, to any outstanding amounts due for damages/repairs,utilities etc.; second, to any outstanding service charges or fees from priormonths; third, to any rent outstanding from prior months; fourth, to anyservice charges or fees due in the current month; and lastly to the currentmonth’s rent."
Josh Justiniano
College, Motivation, and Syndication
26 March 2014 | 8 replies
I love Steve Job's commencement speech.
Victor B.
Las Vegas
3 December 2017 | 78 replies
The Genting Project is yet to commence as it needs its casino licence to be issued.
Zac Boyer
USING SEP IRA for a rental purchase
15 July 2017 | 5 replies
@Zac BoyerFollowing are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m).The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016, the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Liliana Allison
Preparing to close on apartment complex
9 March 2021 | 3 replies
At the commencement of your tenancy…The landlord (Us) will provide a home that is clean, sanitary, in good cosmetic shape, and in good working order.
Mina G.
Renewing Tenant Lease. NJ
7 October 2013 | 7 replies
I live in one apartment and the tenant in the other apartment.I found this form online for lease renewal.WHEREAS by a lease dated ********* (the “Lease”) the Tenant leased from the Landlord certain premises known municipally as ***address*** (the “Leased Premises”) for and during a term commencing on January 01, 2013 and expiring on December 31, 2013 (the “Term”);AND WHEREAS the Tenant and the Landlord have agreed to renew the Term for a further term beginning on January 01, 2014 and ending on December 31, 2014 (the “Renewal Term”) on the terms and conditions hereinafter set forth;NOW THEREFORE in consideration of the mutual covenants and agreements herein contained and for other good and valuable consideration (the receipt of which is hereby acknowledged), the parties hereto agree as follows:1.The Landlord and the Tenant hereby agree to extend the Term for the Renewal Term.2.During the Renewal Term, the rent shall be **New Rent amount**3.The Landlord and Tenant hereby covenant that the Lease is in full force and effect, unamended, except as expressly provided for herein.Is this good enough?
Rio Tomlin
Wiring on Building
19 November 2013 | 12 replies
My question is, how do we find out what companies these are, how to contact them, and how do we commence with our work and get these unidentified companies identified and get their cables and wires off our building?
Maximo Pichardo
New 2 Notes
7 September 2009 | 1 reply
My goal would be to commence to transcend this small business into full time by the August next year.
Henry Lazerow
Chicago - Roscoe Village 4 unit BRRR! Deal Diary
5 October 2018 | 17 replies
Construction is set to commence at the beginning of December.