Christine Cho
Airbnb guest alteration request to checkout earlier during stay
4 October 2024 | 10 replies
The customer always thinks they're right and they're used to dealing with customer service reps from large corporations like Amazon etc. and don't always understand the perspective of the host as an actual person.
Charles Mayer
Key Tips for Hiring the Right Property Manager for Your Rental Properties
2 October 2024 | 2 replies
At first it sounds like typical, corny corporate-speak: PM business is relationships, not transactional.
Michael Bell
Investing in Parking Lots & Garages - My story so far
2 October 2024 | 4 replies
- In addition to cold calling and mailing directly to owners, I have also engaged with parking operators at the corporate and regional director level in order to generate leads.
Kwanza P.
Legal experts for startup business
1 October 2024 | 9 replies
Every state has a state corporations portal where you can set up an LLC in five minutes on your own for like $100, but also what @Nathan Gesner said: why are you setting up an LLC now?
Tanya Maslach
Help me analyze this deal
1 October 2024 | 6 replies
Very kind.I think it's like most of my experiences in corporate.... do your due diligence!
Dennis McHugh
Real estate professional tax question
30 September 2024 | 11 replies
This is not a "real estate rental income" activity as defined by the IRS, so whether you are a REP or not, you can take this benefit.All of this is separate from a QOZ Investment, which would require you to first recognize a capital gain from another source (say a stock sale), invest that gain, hold it in a Corporate or Partnership structure (likely partnership), meeting the substantial improvement qualifications of being a QOZB, and then yes, you get to avoid the depreciation recapture at the end of the 10 year hold period, at least for the portion of your investment attributable to the original gain that you invested in the project.
John Chapman
Forming an LLC for multiple properties
27 September 2024 | 2 replies
But, in the event you really are persuaded that it is important to separate each asset, ensure that whoever is managing the books/monies on the LLCs are doing it 100% correctly as even a small mistake can allow would-be litigants to pierce the corporate veil and render all of it in vein anyway.
Heidi Jensen
Wyoming Holdings Going Away?
26 September 2024 | 5 replies
The bipartisan Corporate Transparency Act, enacted in 2021 to curb illicit finance, requires many companies doing business in the United States to report information about the individuals who ultimately own or control them.
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HOMEVESTORS What do you know?
30 September 2024 | 26 replies
If you're interested in a Franchise; I would contact HomeVestors corporate office and ask them who the mentor is in your area.
Nikhil Mascarenhas
CA out of state investors, what asset protection strategy do you use?
25 September 2024 | 7 replies
This has a lot of administrative overhead, the LLCs being disregarded entities may pierce the corporate veil.