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31 October 2024 | 12 replies
This keeps the liability within the LLC and maintains the separation between personal and business assets.
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28 October 2024 | 15 replies
Despite current unemployment rates maintaining below 5%, the recent rise from 3.8% to 4.2%(recently revised to 4.1%) is significant, especially when considering wage growth adjusted for inflation.Over the last few years, the median household income has dropped by 7.2% when adjusted for inflation (and this isn't even considering volatile food and energy prices), a troubling trend given that inflation has outstripped income growth.
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25 October 2024 | 4 replies
I definitely would want the mail to go to the correct place.If someone wanted to sue you, the fact that you ignored changing your address would be a good argument that you are not maintaining corporate formalities, potentially having the protections of your LLC ignored.Most states have annual filing requirements for the LLCs so that would be a good time to update it.
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31 October 2024 | 37 replies
I believe WWC and my goals are aligned, however with these high upfront fees, it appears the general partners would do well with or without the asset performing, which risk is there with potential market correction coming.And, I see what you mean, WWC seems to be doing well with their system, so they may be squeezing more juice on deals now b/c they deliver for their investors.
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28 October 2024 | 3 replies
To prepare, focus on saving for a strong down payment and maintaining a solid credit profile, as both are critical for competitive financing.If possible, look into FHA or conventional loan options for owner-occupied properties, which may offer favorable terms, especially for first-time buyers.
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28 October 2024 | 3 replies
If you choose this route, make sure to have clear, written agreements in place and maintain a professional landlord-tenant relationship.
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31 October 2024 | 5 replies
We always use one in Florida, and taking the correct actions now is cheaper and faster than anything else.
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28 October 2024 | 6 replies
Seems like we’ve been wrong in this endeavor as much or more than we’ve been correct.
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31 October 2024 | 25 replies
Susan your cardinal points are off a little 39209 is WEST Jackson and your correct that is the worst part of town.
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29 October 2024 | 6 replies
He was able to correct the county on one part of the law when they originally questioned the dates.