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12 August 2013 | 2 replies
Especially for alerting me to the importance of knowing my tax stuff (not my favorite recreational reading, if you know what I mean).
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20 December 2018 | 11 replies
. - flexibility since like Steven mentioned LLC's can be taxed as S or C corp or partnership allowing you to mold the entity to your uses with out having to recreate or cancel entities perhaps - privacy - some states allow you to have a resident manager/member to shield who the actual owner is (you) which just makes it harder to find your assets for a case in a lawsuit using combinations of trusts and entities etc
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9 November 2014 | 16 replies
There will be a very large revenue stream created once recreational laws are implemented in Portland.
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31 January 2023 | 17 replies
I think boat and RV storage does great when you are located in or near a city that passes code enforcement that keeps folks from parking recreational toys in their driveway.Hope that helps!
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3 April 2021 | 9 replies
With some planning and discussions I feel like I could recreate these with the folks I already work with and save the money right there.Now that is why I am reaching out to folks that have mentioned them to find out...
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7 June 2022 | 31 replies
Despite being from the Northwest, and loving the recreation here, I'm finding that the best STR properties are all in the southern half of the US, with better year round weather.Secondly, I would agree that AirDNA or MashVisor are going to critical in your search.
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2 December 2009 | 1 reply
hi all,i am hoping for some guidance. i know ultimately i need to speak to a knowledgeable asset protection attorney, which i am in the process of finding, but until i sort that meeting out i wanted some opinions on the matter. basically, i have an llc (that i am realizing now, may be "generic" vs. a real estate oriented one...the work of a half-@$$ed RE attny) that has 2 managing members (50% each). i set up the llc a week or two after purchasing the rental property (through a personal mortgage loan), and made sure to register myself as a landlord in the city, etc (i.e. followed the city's landlord rules to a T). well, after doing a lot more research and learning (from this site and other places) i found out that my llc may not be structured correctly and that my personal registration info (address, etc) is probably publicly available in city records. i want to correct this situation as soon as possible. i take my personal privacy very seriously, and now that i am getting a better understanding of the implications of the structure my unhelpful RE attny setup for me, i am extremely stressed and disappointed. so my question(s) are:- should i dissolve the current llc and recreate a new one (this time using RE LLC paperwork)?
21 March 2018 | 44 replies
Okemos, a small, neighboring city to the south, has better performance ($75k/4.7%/4.0%).In addition to the basic economic indicators, Haslett has strong tourist potential (if you ever AirBnB) being so close to Michigan State University (football/basketball game weekends) and strong recreational potential in terms of green space and Lake Lansing.
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8 June 2014 | 16 replies
Usually best to have a rough draft to give to an attorney to tweak instead of having them recreate the wheel.
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19 June 2015 | 2 replies
I'm from another part of the country and trying to make contacts in other area's and thought BP might be helpful for us non-institutional investors/owners/sellers of Real Estate.So far most the MLS/Realtor's (some say they are investors-guru's) I've contacted out of state seem to be only focused on the Case-Shiller index Metro's and not any rural recreation & retirement communities, like the one I mentioned above in Arkansas.