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14 January 2025 | 2 replies
We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.
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14 February 2025 | 43 replies
its up to each individual if they think they get value..... and keep in mind for may 8,400 a year is just not a lot of money.. to others its astronomical to even think of spending that much of networking education life coach etc.
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23 January 2025 | 7 replies
Use caution when borrowing against your stock portfolio, especially if it's a high volatility portfolio comprised of individual companies.
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3 February 2025 | 26 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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21 January 2025 | 6 replies
RISKSPrivate Letter Rulings There are three (3) Private Letter Rulings (“PLRs”) that address this 1031 Exchange structure, which are as follows: Private Letter Ruling Number 2014-08019Private Letter Ruling Number 2003-29021Private Letter Ruling Number 2002-51008PLRs can only be relied upon by the individual taxpayers that requested the PLRs.
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18 February 2025 | 148 replies
Like I said before - if I, as an individual investor, can make the fee payment at once, how can RADD, as an entity with that type of professed liquidity, not refund the exact same amount - not more, not less - at once?
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12 January 2025 | 5 replies
I'm currently building up capital for future ventures and properties that I find on market, as well as attempting to find the best brokerage where I can work under an individual who is already more established.
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22 January 2025 | 22 replies
So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save?
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23 January 2025 | 11 replies
This is a fine needle to thread because at this size, you very quickly start competing with high net worth individuals who are seeking summer homes.
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19 January 2025 | 8 replies
Additionally, add in the ambiguity/risk of the due on sale clause or ramifications on the conventional loan of transferring the property from your individual name to an LLC - the economics don't make sense, and the headache isn't worth it even if it did, in my opinion!