
10 March 2024 | 2 replies
Ensure that the commercial rental insurance policy includes coverage for the company's stay in the property.Include Legal Language: The lease amendment should clearly state the terms and conditions of the arrangement, including responsibilities for maintenance, utilities, and any other pertinent details.Seek Legal Advice: Consider consulting with a local attorney specializing in real estate to ensure compliance with Arkansas rental laws and to draft the lease amendment accurately.Document Everything: Keep thorough records of all communications, amendments, and agreements between you, the company, and Avail for future reference.Good luck!!

11 March 2024 | 8 replies
Sounds silly, but base level service is assume tax filing and compliance.

11 March 2024 | 3 replies
Here are some of the types of “wanna be” investors who never seem to be able to “pull the trigger:”The Organizer – This individual can’t seem to ever get fully organized - and until they do they can’t possibly make a purchase transaction.

11 March 2024 | 3 replies
Do note that you will need to obtain signed authorization for recurring debits and must operate in compliance with NACHA's rules.

11 March 2024 | 25 replies
To trigger this exception, you must meet three criteria:You must sell your entire interest in the underlying passive activityYou must trigger a tax event, meaning that you must sell your interest for value in a fully taxable transactionAnd you must sell your interest to an unrelated third party, no family or close affiliates.Source Link

12 March 2024 | 168 replies
Yep, hands on local like you are doing is the way to go IMO ... if you are willing and able, have the funds, and have the discipline to NOT pull the trigger on anything that isn't a great deal.

12 March 2024 | 24 replies
Find one you are comfortable with and pull the trigger.

11 March 2024 | 24 replies
Putting appreciated assets into an S corp can trigger gain.

10 March 2024 | 2 replies
You should ensure the docs are drafted up by an attorney and/or title agent to ensure compliance, as well as the closing.
10 March 2024 | 7 replies
Ultimately, seeking professional advice and guidance is recommended to ensure compliance with all legal and tax requirements.