
2 September 2024 | 7 replies
To clarify your question you are holding a note against your personal assets in your name, and if you refi with the bank your wondering if that will create a taxable event?

2 September 2024 | 11 replies
An LLC and IRS Employer Identification Number can be used to open a business bank account.

2 September 2024 | 8 replies
At the Bank we do order a Condo questionnaire that asks those specific questions up front during processing but there can be hidden things not seen.

31 August 2024 | 7 replies
And do you have any recommendations on banks, lenders, or contacts?

31 August 2024 | 5 replies
If I don't setup the LLC and don't setup the bank account, then it will be a lot slower because every time when I sign for the offer or for some expense, I have to ask them to sign.

27 August 2024 | 18 replies
It's probably how you're explaining what you want at the banks.

27 August 2024 | 3 replies
I have a few questions about how the Memphis Land Bank operates in practice.

2 September 2024 | 18 replies
And of course do NOT pay personal, or unrelated expenses directly from the LLC bank account (maintain an LLC bank account - do NOT use a personal account for LLC expenses or deposits!).

31 August 2024 | 1 reply
It makes bank financing look more and more favorable.

30 August 2024 | 6 replies
I would prefer not to open a conventional bank account if I can keep things simple.