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26 June 2024 | 18 replies
It would be unfortunate if the Wyoming LLC is the deed holder if the property is located in PA as I suspect you are likely getting hit with recurring registered agent fees (I don’t have direct experience working with LLC’s in Wyoming because there are absolutely no added protections incorporating in Wyoming but that’s my hunch).
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26 June 2024 | 8 replies
Depending on where you incorporate your name will still be recorded on the public record with the Secretary of State.
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27 June 2024 | 20 replies
Light color makes the rooms seem larger and natural wood looks good.It's tricky to get a really good even stain.
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25 June 2024 | 5 replies
You also owe transfer taxes which vary by state and county.I am not a CPA I am not an attorney this is not tax advice.Thanks for your reply Caroline.I'm not asking because I think it will protect anonymity -- we're not incorporating in WY or DW.
25 June 2024 | 4 replies
A key component to cash flow will be loan terms..you could consider trying to incorporate a seller concession towards an interest rate buy down or costs to help improve cash on cash returns.
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25 June 2024 | 2 replies
One hard money lender told me they don't do loans of that nature, and I am meeting with a different one tomorrow.Curious if anyone has any solutions.Thanks!
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26 June 2024 | 9 replies
I wonder if other mixed-use landlords have clauses in leases that address the mixed nature.
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25 June 2024 | 8 replies
What kind of taxes he will incur depends on the nature of your "partnering."
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27 June 2024 | 62 replies
@Matthew Paul:Without getting too technical here, most general contractors actually incorporate and provide their services through an entity operating as a business or company of some sort.. so its not clear what your initial point is.
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24 June 2024 | 5 replies
Is there an easy way to track natural appreciation?