
21 June 2024 | 2 replies
Additionally, it needs to be filed in probate court.

21 June 2024 | 2 replies
Initially we set it up as a partnership LLC, but after consulting with our CPA we realize that we could have and should have done it as a single-member LLC so that we don't have to file a 1065.

22 June 2024 | 17 replies
It is effective Aug. 1, 2024.This ordinance is referred to as the Source of Income Discrimination Ban Ordinance" - which is identified in File #231019 and amends sections of Chapter 38 (Civil Rights) and Chapter 34 (Health and Sanitation) in the Missouri Revised Statutes for the purpose of classifying source of income as a protected trait in regard to housing discrimination.Here are some key takeaways from the attached ordinance:This ordinance bans discrimination against tenants based solely on:Source of income from an occupation, including gig work or paying rent in cash Use of public programs like Section 8 Housing Choice Vouchers, disability checks, or social security Poor credit score Prior evictions and alleged damages older than 12 months (less than 12 months can be a basis for denial) Prior convictions or arrests (sexual and violent crimes are excepted, a landlord can still deny based on these convictions)The ordinance also requires the city to proactively scan for rental ads using discriminatory language like "no Section 8" or "no past evictions".Landlords who are found to be in violation of the ordinance with respect to source of income can be fined up to $1,000 per incident.

22 June 2024 | 3 replies
Passive income and retire early, or leave your W2, get rich quick, replace your W2 income - they will tell you that you can have this wonderful lifestyle and will give you insights on how to get there (that you can get from any business book about grit, consistency, hard work etc) and they will bounce around in their presentations to make it look really hard, and then get you to sign up for the five figure training which is 1 on 1.Whats comical is I am in note space and I can name three people who have high dollar training and one has filed BK several times and the other two owe others millions of dollars from bad deals........

23 June 2024 | 13 replies
. :-)I'm willing to bet that the real GCs in Texas are every bit as good as in Cali.Agreed.All you need for a GC in TX is to file a business license with the state the last time I checked where in CA that's the last step with the fictitious entity at the county and city post qualifications/experience, testing, and backgrounds as you know @Bruce Woodruff

21 June 2024 | 11 replies
You know it should cost more to have S-Corp because of the extra filings/reporting...What are you doing????
21 June 2024 | 5 replies
This protects you if the tenant tries to tell you that he prepaid rent for the next 6 months or he had a huge deposit on file.

21 June 2024 | 11 replies
As soon as those ten days are up, you can file a Landlord-Tenant complaint at the local district court.

21 June 2024 | 5 replies
They fell behind and the 1st lien LENDER filed for NOD and NTS - Notice of Trustee sale and it went to the TRUSTEE SALE X-XX-2023 where the property was SOLD to a Third Party BIDDER for $375,000I assume under this SCENARIO - the 3rd PARTY bidder who purchased the property at the Trustee Sale Auction 8-23-2023 was buying the property involving the action being BROUGHT to the TRUSTEE SALE AUCTION by the 1st lien DOT lender and that the SUBORDINATE $101,500 2nd lien Held by HUD may have received any (some) OVER BID funds but utilmately was WIPED OUT at the Trustee sale Auction...Thus their 2nd lien Goes away...Do not believe that the SUBORDINATE DOT lien to HUD survives the Trustee Sale unless they BID to protect their juinor lien interest.

20 June 2024 | 37 replies
I am in the same boat I endup filing two case against him.