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27 June 2024 | 7 replies
Check in with @Joseph Chiofalo he’s thorough, transparent and an excellent resource as you grow your portfolio.
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27 June 2024 | 1 reply
Regular updates and transparent reporting are crucial.Performance Metrics: Set performance metrics and review them regularly.
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26 June 2024 | 3 replies
Here are some steps and considerations for ensuring your LLCs are compliant from a legal perspective:For Your SDIRA LLCs in Florida:LLC Registration: You have filed the foreign LLCs with the State of Florida, which is essential.FINCEN Registration: Registering with FINCEN (Financial Crimes Enforcement Network) was a necessary step for compliance with the Corporate Transparency Act.Ongoing Compliance:Annual Reports: Ensure you file annual reports for your LLCs with the Florida Department of State.State Taxes: Check if there are any state-specific taxes or fees you need to pay for the LLCs.For Your Non-Retirement LLC in Nevada Buying Property in Michigan:LLC Registration:Foreign LLC Filing: Once the purchase is finalized, file your LLC as a foreign entity in Michigan.FINCEN Registration:Corporate Transparency Act: As of 2021, the Corporate Transparency Act requires LLCs and other entities to register with FINCEN.
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26 June 2024 | 3 replies
Diego- appreciate the transparency!
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26 June 2024 | 18 replies
LLC's can sometimes complicate things, just open a bank account for your rentals and use a program like quickbooks to do and manage your books. you could even hire someone for around $100/mo to do this for you as well Full transparency, I felt ashamed to admit this before, because I didn’t do my research and jumped into something, but recently I was listening to Pace Morby YouTube videos about LLC’s and they suggested before you do anything in real estate to protect your assets with LLC’s, I already had property so I thought I needed to act on it and set up and LLC.
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26 June 2024 | 5 replies
But only with transparency to all parties and signed amendment agreeing to changes.
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25 June 2024 | 9 replies
I am not as concerned with cost and would prefer quality and transparency.
24 June 2024 | 4 replies
We take pride in our commitment to transparency and integrity in all our transactions.If you have any further questions or would like to discuss your experience in more detail, please feel free to reach out to us directly.
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24 June 2024 | 1 reply
Despite any reluctance to address the situation, maintaining transparency and professionalism is essential.
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25 June 2024 | 19 replies
There are many other, more transparent deals to be had in Real Estate.