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31 August 2024 | 5 replies
The rep confirmed that the W9 form has whatever EIN we put into the application.)I think it is a bad idea to move 401k funds to IRA because IRA has less protection, and subject to UDFI tax if you buy a rental property with debt.
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30 August 2024 | 8 replies
Therefore, there is no frost depth protection (heaving and thawing, etc.).I am unfamiliar with the construction approach.
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30 August 2024 | 2 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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8 September 2024 | 168 replies
At worst you'll have to schedule monthly transfers to cover your recurring income and expenses as they won't offer sweep or overdraft protection.
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2 September 2024 | 24 replies
You may want to consider asset protection for the consulting business and/or real estate by holding in appropriate entities, especially depending on how risky the consulting is and how many assets are attributed to that business.
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30 August 2024 | 2 replies
The DSCR loan allows you to close and title will arrange the vesting to the LLC.The LLC will protect you and your assets against any renter liability/claims.
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30 August 2024 | 9 replies
Not sure if there is anything else but an attorney can advise other steps to protect yourself.
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30 August 2024 | 25 replies
Airbnb offers more protections than it's often given credit for, and staying within their system can help mitigate some of the risks.
29 August 2024 | 70 replies
You may have slightly higher closing fees, but are well protected because you are in title initially.
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29 August 2024 | 14 replies
A properly structured syndicated offering will be an LLC as is, therefore, from an asset protection standpoint, there is very little point to forming an LLC just to participate on the LP side.Now, if you are trying to pull partnership money and charge the partnership a management fee, which sort of makes you a feeder fund into the syndication, then there are a whole host of questions for an attorney.