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5 July 2024 | 10 replies
You can print those as templates, show to your local closing attorney and ask what if any suggestions they would make to better protect you and stay compliant with your local laws.
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4 July 2024 | 11 replies
Of course make sure you are being compliant and letting everyone get screened and not being discriminatory. - What sort of turnover can we expect?
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1 July 2024 | 29 replies
I don't know how fair housing would react to such a compliant.
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30 June 2024 | 12 replies
This was probably just the easiest/cheapest way for them to be compliant with their contractor's license.
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28 June 2024 | 2 replies
How are you staying compliant and what challenges have you faced?
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28 June 2024 | 4 replies
Passive ownership might be acceptable.Hiring a Property Manager: To stay compliant, consider hiring a property management company to handle the day-to-day operations of the short-term rentals.
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29 June 2024 | 26 replies
I am currently working and fully cooperating with the Mississippi REC on becoming compliant in every aspect of my business.
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26 June 2024 | 3 replies
Here are some steps and considerations for ensuring your LLCs are compliant from a legal perspective:For Your SDIRA LLCs in Florida:LLC Registration: You have filed the foreign LLCs with the State of Florida, which is essential.FINCEN Registration: Registering with FINCEN (Financial Crimes Enforcement Network) was a necessary step for compliance with the Corporate Transparency Act.Ongoing Compliance:Annual Reports: Ensure you file annual reports for your LLCs with the Florida Department of State.State Taxes: Check if there are any state-specific taxes or fees you need to pay for the LLCs.For Your Non-Retirement LLC in Nevada Buying Property in Michigan:LLC Registration:Foreign LLC Filing: Once the purchase is finalized, file your LLC as a foreign entity in Michigan.FINCEN Registration:Corporate Transparency Act: As of 2021, the Corporate Transparency Act requires LLCs and other entities to register with FINCEN.
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25 June 2024 | 1 reply
Transferring Your LLC via Will:Review Operating Agreement: Check if your LLC’s operating agreement addresses ownership transfer upon death.Update Your Will: Specify in your will that you intend to transfer ownership of the LLC to a named individual or individuals upon your death.Consult an Attorney: Seek advice from an attorney specializing in estate planning and business law to ensure your will is legally sound and compliant with state laws.Consider Tax Implications: Understand potential tax implications of transferring LLC ownership through your will and plan accordingly.Notify Your Successor: Inform the person named in your will about their future role in the LLC and provide necessary documents.Please feel free to reach out if you need any further assistance.
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26 June 2024 | 16 replies
The State of South Carolina is a nightmare to deal with on your own trying to stay compliant.