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21 January 2025 | 31 replies
With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.
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30 December 2024 | 12 replies
Sign an agreement for a period of time that can be as short as one day.
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17 January 2025 | 10 replies
Since it's rare to find a buyer, the agreement expires and you have a willing seller to negotiate a deal with.
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29 December 2024 | 15 replies
Quote from @Jeremy Jareckyj: Anyone have a good MTR furnished rental agreement they would be willing to share?
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20 January 2025 | 31 replies
If that's not the case here, can you terminate the agreement without penalty at this stage?
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12 January 2025 | 28 replies
If they have a lease agreement for more than 30 days, you have to follow the eviction process.
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21 January 2025 | 7 replies
It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.
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9 January 2025 | 8 replies
I informed them that their contract states they are expected to pay up until the end of the agreement regardless of living their or not.
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12 January 2025 | 2 replies
If they have an legally binding agreement, you need to honor that agreement and pay the fee.If you failed to mention to the agent that they are going to get paid, and then explained how, of course they won't present the offer.
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17 January 2025 | 3 replies
Curious if this is normal practice or in other management agreements people have signed?