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8 July 2018 | 1 reply
“Able to act like an adult and treat others with respect?
12 July 2018 | 3 replies
That is the best way to structure it, you would treat it the same way as if renting to strangers because it is an arm's length transaction.
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22 July 2018 | 10 replies
@wade @Wade PennerThat’s your call but consider what the repercussions may be of treating tenants differently It will probably be fine but it does potentially open you up to some liability.
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12 July 2018 | 4 replies
A joint venture is essentially treated as a general partnership.
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12 July 2018 | 10 replies
@Christopher Winkler Unless your junior lien was stripped in the BK, you are only being treated as unsecured as regards the Ch.13 plan, though your lien is still valid, as @Wayne Brooks was getting at.
15 July 2018 | 1 reply
If the property is owned by a single-member LLC treated as a disregarded entity, and you own the entity 100% (and you are a nonresident alien for US tax purposes), then yes, you would report the activity on your individual income tax return (1040NR) which will use your ITIN.
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21 October 2020 | 145 replies
Once you land a keeper, you have to treat her right.For example, we're married 39 years.
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28 July 2018 | 69 replies
Many here are treating this as a regular type deal.
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23 July 2018 | 7 replies
The only reason you would have separate accounts is to treat LLCs as separate entities to avoid piercing the corporate veil.
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23 July 2018 | 12 replies
It's a 4-unit property, and I'm leaning towards letting them know as a courtesy (but would probably treat it a bit differently if a larger property if they aren't impacted).