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Results (8,210+)
Taylor C Trusts LLCs and Management
6 October 2010 | 3 replies
First thing is obvious legal advice needed on your entity structuring I.E managing LLC to manage your operation.I agree with your statement on assigning the % of beneficial interest to your LLC which does provide a good degree of asset protection ( no legal advice intended just my suggestion) since I work with land trusts and that is the preferred way to do this and you are effectively "layering" out any potential liabilities that is why land trusts and LLC or C corporations compliment each other so well.It is better to do this when the trust is created then to have to go back and do it just cleaner that way.In how we work with land trusts we use a corporate 503 (c) trustee corporation, who does all the trust administration so a management company really can not be used since it could invalidate your trust since the trustee performs a free collection service as well in their duties to the trusts beneficiaries.I would IMHO, separate an LLC to do the collections or use another licensed bonded company.The replies seem to be great advice since you would not wish to be commingling assets and you would want accurate management of your properties.Typically in a trust the tax burden falls to the trust beneficiaries and if you have a professional trustee you should have all tax statement from him on the payments received for tax purposes..Your estate planning or RE attorney should be able to structure for you a viable solution based on your tax structure since that is involved.Good luck to you..
Edwin De leon New Foreclosure National Moratorium - How does it affect short sales investors whom flip them
11 October 2010 | 8 replies
When buyers hear moratorium they will automatically think it can affect a short sale too.There needs to be clarity on this issue and I look to the Obama administration who are 0 for 2 when it comes to helping the taxpayers.
Account Closed You gotta be kidding me!
23 October 2010 | 15 replies
Our wonderful Obama administration now requires mortgage lenders to order appraisals through an appraisal management company.
Bob Nickle Business analysis project! Need your opinion
14 October 2010 | 7 replies
The IRS is examining the high administrative costs claimed by some non-profits.
Bryan Hancock New Taxes for 2011 – How Much is Accurate?
4 February 2011 | 25 replies
I check Snopes this morning and it appears the entire email was factual and lead up to the final point which was meant to incite anger at the current administration in the hopes of winning political points at the polls:Taxing Health Benefits DebunkedIt seems that legislators are setting caps on what is exempt in an attempt to dissuade people from using “Cadillac Plans†to avoid paying taxes on what really should amount to salary.Thanks Charles!
Mike N. Probate Deals in the News Paper
8 November 2010 | 10 replies
Mike,What you're looking for in that Notice to creditors is 1) the deceased's name, 2) the Executor's, Administrator's, or Personal Representative's name and address.
JT T. Senior Living Community
3 November 2010 | 6 replies
Been there, done that, can be very profitable with the right place, right staff, right administrator/director, the right insurance policies and companies, the right doctor on call, the right social worker, not to mention the right politician!
Wade Munday Gmail vs Outlook?
4 August 2011 | 28 replies
Unless you are in a corporate environment where tens of users are using the system and you need central administration and tracking, why spend the time dealing with exchange servers?
Mary R. Wikileaks shut down
20 December 2010 | 90 replies
Originally posted by Tom Cullen:...with his (assange) stated goal being to cause the downfall of the current administration...Okay, I'll bite...where does he say that?
J Scott Politics Over People
2 January 2011 | 15 replies
Trillions spent by the last administration, trillions spent by the current administration (in just 2 years!)