Privilege of prepayment[ ] does apply [ ] does not apply.

You will get the privilege of paying your marginal tax rate on those funds in the future.

Also the issue of how much control you have over the trust should be kept attorney client privileged and yes that means the trustees should be a lawyers.I am really over simplifying but... most people just need good insurance!

These days that license is now called "Commercial Activity License" - it was formerly known as "Business Privilege License".

Not sure how Tennessee works but up here in CT we typically include in addition to named known tenantsJohn DoeReason 1: Nonpayment of rentReason 2: Never had right or privilege to occupyJane DoeReason 1: Nonpayment of rentReason 2: Never had right or privilege to occupy

I consider it a privilege to serve.

Drug house (no hidden money)...made wife work on renovation with buckets on her feet.....a water heater from the Reagan Administration..... the parole board wants to set up a sub-station close by to cut down on travel times to check in on your tenets....This is truly the fast lane to wealth and privilege.   

Branscum Texas Supreme Court established the veil piercing doctrine stating that entities usually protect shareholders, officers, and directors from company liabilities, however if those individuals abuse this privilege, that individual is held liable.

With a deposit on the line renters are much less likely to abuse the privilege. 

Side note, because I had not lived in it for 2 years it was considered an investment property so the write off loss on the short sale was "income" and I had a 20,000+ tax bill for the privilege of  ruining my credit for 7 years.