Robi Schreckhise
General Contractor in Charlotte?
14 November 2020 | 5 replies
At the moment I have my eye on is Langiappe Builders LLC, Philip Thomas, JPA renovations, bonfiglio builders llc, Distinctive build ect.
Jennifer Cramer
First Post: Overwhelmed and can't figure out where to invest
14 November 2023 | 151 replies
that said, there are distinct differences with actively investing vs. passively investing and you should do research to find out which you may prefer.
Jason Winter
Long Term Short Term Rental
24 November 2023 | 5 replies
STR VS LTR- remember this distinction.
Tushar Shah
Structure a deal in personal name or LLC?
21 January 2018 | 9 replies
Really just something to keep it distinctly separate from you.
Ethan Lozano
Albuquerque taxes, licenses, and permits for long term rentals
18 November 2019 | 0 replies
The exemption explicitly states “leasing” rather than “licensing”; this distinction is important for lodging such as short term rentals, which are required to pay this tax even if you own three or fewer units.NM Compensating Tax - I believe I fall under the same exemption as the Gross Receipts tax exemption, so I think I'm exemptNM Wage Withholding Tax - I do not have any employees, so I think I’m exemptNM Worker's Compensation Tax - I do not have any employees, so I think I'm exemptNM Corporate Income and Franchise Tax - I do not have a corporation, so I think I'm exemptBernalillo Property Tax - I need to pay this taxBernalillo Business Personal Property Tax - my rentals are residential, rather than commercial, so I believe I’m exemptABQ Hospitality Tax - I lease for longer than “at least 30 consecutive days”, so I think I’m exemptABQ Lodger’s Tax - I lease for longer than “at least 30 consecutive days”, so I think I’m exemptAm I forgetting other taxes?
Collin Goodwin
Land Lease Investing
21 November 2013 | 1 reply
After scrubbing several books on MH investing, I have seen three prevailing flavors of MH investing: Land Lease (Renting/selling a home on leased land in some one else's park), MH+land, or MHPs.
Fred Roven
1031, Condition of sale
9 November 2015 | 5 replies
In that case there would be an additional contingency clause in your purchase & sale agreement outlining the contingency upon the other transaction closing, and this would be separate and distinct from the 1031 Cooperation Clause.The 1031 Cooperation Clause is just to notify you of the buyer's intent.
David Ward
Are wholesalers unlicensed brokers?
14 November 2015 | 56 replies
Illinois law recognizes the distinction between the assignment of a right and the delegation of a duty and recognizes that an assignment can involve merely the transfer of a right.
Brian Gibbons
Getting Busted in Ohio for Wholesaling and Praticing RE without a License
2 September 2019 | 504 replies
Cheers...We may agree more than disagree, the fact that an RE broker/agent already knows a buyer doesn't change his position of introducing the buyer and seller, he still acts in a brokerage capacity, so does the wholesaler doing the exact same thing, just with different documents.I agree too that the agent has a different responsibility, netting a profit as a wholesaler does can be a net listing, illegal in most states and consider except CA, where disclosures are used, which doesn't change the nature of the flavor in my mind, but whatever.Fact is too, that not all commodities are treated equally, in business aspects, some commodities are considered more valued to society, to our national economy, that have implications reaching further than just between a buyer and a seller.