Clinton Davis
What's the latest on this BOI?? Go or no go?
3 January 2025 | 13 replies
@Clinton Davis The Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA) have been reinstated after a temporary injunction, with initial reports now due by January 13, 2025, for companies formed before January 1, 2024.New entities formed after January 1, 2024, must file within 90 days of creation.
Yooni Choi
How to self-manage out-of-state property
25 January 2025 | 12 replies
Some landlords use lockboxes or smart locks to grant temporary access, but that has risks if you don’t have someone to oversee things.2.Move-out Inspections/Cleaning: Again, you’ll need boots on the ground for this.
Ashish Acharya
Corporate Transparency Act Update: What Businesses Need to Know
31 December 2024 | 1 reply
Temporary Relief: The injunction is temporary.
MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
You will need to provide an explanation of the circumstances surrounding the BK every time you apply for credit, apply for a job, apply for a bank account, etc.Bottom line is if you’re working day labor type jobs for small companies and live on a cash basis it might not affect anything.
Kenyatta Barthelemy
Starting out in New Orleans/ Baton Rouge
27 January 2025 | 21 replies
The type of rooms students would need or skilled temporary workers, not drug addicts and alcoholics.
Account Closed
Thoughts on using cash or HELOC for down payment on investment property
7 January 2025 | 1 reply
So I'd be pulling equity at 9% and only get paid 5% if I used the HELOC and kept the cash in my high yield account.
Patricia Andriolo-Bull
Stessa - 179 deductions
10 January 2025 | 12 replies
I'm thinking of maybe just lumping them into a category under repairs or something but want to see if others have a It sounds like categorizing deductions under a ‘repairs’ category could work as a temporary fix, but it might not give you the full accuracy you’re looking for long-term.
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
In 90 days, the Board of Directors will reevaluate our cash position and decide if we will continue to recommence or continue to pause distributions.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
What's left after all that is your cash flow.Collecting cash flow to spend is an amateur play.
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
Quote from @Greg Scott: Keep in mind this is a TEMPORARY injunction.