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Results (6,115+)
Joe Pitrolo Panic , Can't rent Townhome
21 September 2016 | 43 replies
The identical place across the street rented for 1500 mo.
Keith T. Locating reliable private lenders... and a few questions
31 August 2015 | 12 replies
I've already had my identity stolen once and don't want to do it again, that's why I have a really hard  time trusting websites these days (especially the "sketchy" ones you mentioned).
Lari A. LLC Confusion in Florida!
25 October 2015 | 13 replies
Lots of hassle for little benefit-the only real benefit is it hides your identity-if that really is a benefit.Generally, an LLC is Not necessary for transactional funding. 
Kevin McIntyre Any experience Clyde Lewis Loan FIrm??
10 January 2017 | 16 replies
Other times they are looking for personal information for identity theft purposes.Finally, there is a possibility this fellow is legit, but simply very new or awkward at what he does, however, my position would be the former and the latter would need to be proved before I shared any information. 
Arjan Amiri Does An LLC Protect Your Rental Properties Equity?
29 April 2016 | 10 replies
The trustee's identity is easily discovered.
Alexis S. michigan llc
26 April 2016 | 15 replies
The resident agent may be either an individual resident in this state whose business office or residence is identical with the registered office or any of the following having a business office identical with the registered office: (i) A domestic corporation.
Account Closed Have investor pay into LLC or directly company directly?
27 March 2018 | 15 replies
Don't pierce the corporate Veil: This can occur if the entity either is poorly capitalized.Inadequate Initial funding of the entityor fails to maintain a separate identity from its owners ( using the business bank account for business purchases, maintaining separate books)Conversion of entities Assets for Personal Benefit:Another factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.Do not commingle personal and LLC assets.Maintain a separate LLC bank account.Execute an operating agreement.Follow the provisions of an operating agreement.Have LLC member meetings according to the operating agreement.Title property in the name of the LLC.Maintain insurance on LLC property in the LLC's name.Sign all LLC documents in the LLC's name, not the members' names.These steps will also provide a better defense against other creditors attempting to show you pierced the corporate veil.So,  put the money in the LLC's Book as capital contributions from your partner, and use the moeny for the transaction.Also, although I do not know the extent of the business you have conducted so far or will in future, you should consider electing S-corp. 
Rob Drum Cozy Credit and Background Checks?
27 January 2021 | 9 replies
It says "unable to verify identity through Experian."
Ben Toth Boring question alert
23 April 2018 | 5 replies
And there is no one and I do mean no one, who will refund your lost money or take you by the hand when your identity is stolen. 
Umesh Chokshi 1031 Exchange - Individual name to LLC
16 May 2018 | 4 replies
Although I would always prefer to see title vest identically there are times when changing in mid -1031 because of lender reasons is not uncommon - as long as the new title is a disregarded entity to the old title holder and the tax payer does not change.Umesh,  your other option - to take title to the new property as yourselves with financing in your name and then quit claiming into an LLC of some type also has merit.