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8 October 2024 | 10 replies
You can treat the LLC as a disregarded entity and rely on your SS#.
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7 October 2024 | 3 replies
You own the property as tenants in common, not through an entity.
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7 October 2024 | 24 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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8 October 2024 | 6 replies
Along with the entity formation expenses if you create the separate management LLC, you will want to have general liability and perhaps even E&O or professional liability coverage.
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5 October 2024 | 2 replies
Most already overcomplicate their entities.
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8 October 2024 | 6 replies
But this isn't an issue that an insurer covers - they do not indemnify a homeowner for some other entity's issue.
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14 October 2024 | 420 replies
You obviously need to protect yourself in this industry, and not running title or sending money to any person/entity outside of escrow is one of the primary things is a big no no Sure, but a rich mentor who needs to borrow $100,000 against his own property?
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7 October 2024 | 4 replies
"In no event shall Qualified Intermediary be liable or responsible to any person or entity with respect to any action taken or omitted to be taken by it under this Agreement or at the direction of Exchanger.
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8 October 2024 | 10 replies
If you're talking about available financing options, there are business purpose loans (like the debt service loan I mentioned) that sometimes ONLY allow you to close as an entity, like an LLC.
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6 October 2024 | 8 replies
@Khadijah CelestineIn theory you probably could wholesale to an entity that you own, but it wouldn't serve any purpose other than to create a lot of extra/unnecessary paperwork.