
30 December 2023 | 3 replies
In order for the plaintiff to do that, the plaintiff must prove two things: there must be a unity of interest and ownership such that the separate personalities of the entity and the owner no longer exists; andan inequitable result will follow if the acts are treated as those of the entity alone.Unity of Interest and OwnershipThese are factors the plaintiff could use to show a unity of interest and ownership exists:one individual's ownership of the entire entity;use of the same office or business location by the LLC and owner;commingling of funds and other assets of the owner and the entity;an individual holding out that he / she is personally liable for debts of the corporation;failure to maintain minutes or adequate corporate records;disregard of corporate formalities;absence of corporate assets and inadequate capitalization; andthe use of an entity as a mere shell, instrumentality or conduit for the business of an individual.Importantly, no single one of these factors is determinative, but the court must examine all the circumstances to determine whether the “unity of interest” test is met.
17 October 2021 | 2 replies
Zillow Group Inc. is taking a break from buying U.S. homes after the online real estate giant’s pivot into tech-powered house-flipping hit a snag.However, instead of admitting that we may be nearing (or have already passed) the peak of yet another housing bubble, Zillow has instead blamed "operational capacity" and being short staffed to meet the pace of transactions.None of this of course would be an issue if Zillow merely hiked wages, a step that would immediately fill all the vacant positions and resolve its "stated challenges" overnight at a tiny hit to profit margins.

3 October 2021 | 5 replies
Here's some articles I found from BP on it:The Pros and Cons of getting your RE license: https://www.biggerpockets.com/...Should I get me RE license: https://www.biggerpockets.com/...

7 July 2021 | 21 replies
In my market there were very few foreclosures and appreciation merely dipped from 10%/ year down to 2-3% for a few years, so both home owners and investors still had equity the whole time.

8 July 2021 | 56 replies
Merely not renewing the lease."

15 November 2021 | 109 replies
Bottom line was brokers represented themselves, any benefit to the principals was merely incidental.
1 December 2023 | 31 replies
Performing these steps consistently and you will avoid far more liability than merely owning real estate through an LLC.

3 January 2024 | 18 replies
I now have a new job that pays "enough" but this recent hit is making me re-consider my options going forward.

1 January 2024 | 17 replies
Perform these steps consistently and you will avoid far more liability than merely owning real estate through an LLC.

3 January 2024 | 17 replies
A quitclaim deed transfers nothing; it merely releases any interest.