
19 August 2024 | 5 replies
@John N Cook any insights into how the C-corp valuation is established in order to justify the stock purchase via the ROBS 401k account, assuming the c-corp has no assets or revenue on the books - how does one justify the investment in an audit?

19 August 2024 | 13 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

19 August 2024 | 2 replies
Since you are doing shorter term deals it appears, you may want to get creative with the accounting and structure to maximize profits.

15 August 2024 | 5 replies
I am going to have my tenant pay rent online directly into my new checking account.

20 August 2024 | 15 replies
If I were your parents, I wouldn't love the idea of you usuing my home to subsidize the bleeding of your bank account, but maybe your parents are cooler than I am!

18 August 2024 | 4 replies
I realize this post is 2 years old but someone may have the same question.I use Microsoft One Note for Desktops, it's free and stores your notes in notebooks with tags that are easily searchable for reference later.I have notebooks for Note Investing, Real Estate Investing, Information Technology, and Digital Marketing.Usually, something that I'm studying falls into one of those categories and each notebook has subcategories.

19 August 2024 | 4 replies
I guess it is the same thing technically to include them as a credit to buyer, but then you should immediately place them in separate bank accounts and not commingle funds as I'm sure you know.

19 August 2024 | 9 replies
Per the complaint:On October 20, 2023, Drive Planning transferred $3.1 million from Drive Planning’s JPMorgan account to MarineMax for the purchase of a yacht called “Stillwater”.

18 August 2024 | 3 replies
I typically use a local bank as the operating account for a property, and then if I own the property 100%, I will have a savings account that I will use for my reserve account for all of my properties.

19 August 2024 | 4 replies
But further to your case I'd question your accountant's advice.