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27 November 2024 | 4 replies
Only two electrically operated items may be plugged in to any electrical receptacle.
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3 December 2024 | 15 replies
If it's a layered LLC, most lenders will need to trace a warm body on the operating agreement which will involve a bit more paperwork trail.
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28 November 2024 | 4 replies
Let them know that there will be routine quality control checks/inspections so that if your third party inspector finds any issues with quality, the GC will be responsible for paying for the correction.These are just some theories that I think will help and plan to implement when I operate out of state flips.
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26 November 2024 | 19 replies
Quote from @Travis Biziorek: I own and operate a STR in Detroit and this is the first I'm hearing of this regulation.I'm not convinced it exists.
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27 November 2024 | 18 replies
I know Dan Deppen and Chris Seveney both have membership style organizations.
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26 November 2024 | 8 replies
Quote from @Jaycee Greene: Hey @Daniel Stegelman, how much are your operating expenses?
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25 November 2024 | 12 replies
That part is not as straight-forward.Such operating agreements are frankly costly when done correctly.
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25 November 2024 | 11 replies
If it's a larger organization, feel free to inquire about their staff qualifications.2.
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20 November 2024 | 13 replies
Makes it easy to keep the cash organized as well as bills.You don't need a credit card but debit cards for each place makes it easy.
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25 November 2024 | 0 replies
Donate the Property: Donating the property to a qualified charitable organization can provide you with a charitable deduction equal to the property’s fair market value and eliminate capital gains taxes.Implementing these strategies requires careful planning and consideration of your specific financial situation.