WAIVERS: Our acceptance of rent after knowledge of a breach of this lease by you is not a waiver of our rights nor an election not to proceed under the provisions of this lease or the law.

Or is it ok as long as we are listed as the presidents of the LLC?

If you have elected to be taxed as an S corp or a C corp that is a different situation and you should talk to a good accountant.

Stock market is way higher than what it should beThere seems to be a crash six months before a US election.

The furnace was about $2300.Can I expense the furnace under the de minimus safe harbor election (because it was less than $2500), and then capitalize the air conditioner (because it was more than $2500)?

Sellers may see this as beneficial to themselves, and believe that buyers will build these pre-disclosed facts into the contract price (and thus sellers may be reluctant to provide any credits for these defects).The buyer elects to perform inspections on the property as agreed upon in the contract.

While talking to him/her, ask if you could save taxes if your elected to be taxed as S-corp.

This is the second time he has used this tactics.Any recommendations or does anyone have a good election lawyer who will protect the landlord in Los Angeles?

Keep in mind if you and your business partner took different amounts out of the corporation you have invalidated your election to be taxed as an S-corp and will be considered as a C-corporation.In business you do not want to be penny wise and pound foolish.

If you and she elect to send her to school now, you will literally be paying her student loans for the next 20 years.