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25 February 2025 | 2 replies
It is common and customary acrossa almost all rentals except some A class office to pay your share of utilities.Now you can make whatever arangment you'd like and work it out however you want with your tenant but if you are going to "share costs" I'd suggest keeping the utilities in your name, and then "back billing" the tenants for that share of their usage, but again thats a lot of work for really no gain in my book.My recommendation would be to simply have the tenants pay all utilities.
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6 February 2025 | 0 replies
This will help attract more business to the state, keep it coming!
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25 February 2025 | 4 replies
They did not install a new meter and it is in Cleveland proper, but maybe this is the sewer charge, hopefully when the bill comes it will be clear if that's the case.
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24 February 2025 | 5 replies
A key point of the LLC offering protection is the separation - so if a name/asset is in your name but the bills/loan re paid from an LLC we don't have that separation.
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21 February 2025 | 7 replies
When a utility is provided by the government, if the bill is unpaid, it can usually become a lien on the house.
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17 February 2025 | 6 replies
With today’s automation I would love to get a bill for $40, or zero some months.
26 February 2025 | 3 replies
Currently all $200K is subject to self employment taxes ($30K tax bill).If taxed as an S-Corp, I could pay myself $50K as a salary, and only the $50K would be subject to self employment taxes ($7.5k tax bill).
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20 February 2025 | 3 replies
Personal Liability of LLC Members and ManagersSenate Bill 2765 amends the Illinois Limited Liability Company Act to clarify that certain provisions do not limit the personal liability of LLC members or managers.
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18 February 2025 | 7 replies
Charge the tenant for the lawyer bill once they pay.
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14 February 2025 | 25 replies
. $800 electric bill for 800 sqft place is not uncommon.