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30 September 2024 | 12 replies
It is a business, so run it like one, as @Tom S. said, start the process and follow through.Unfortunately you're in a Blue state so this will be more difficult for you, so yes get a lawyer if they don't respond immediately to your 'pay or quit' notice.Don't take any more partial payments, that will delay your case!
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27 September 2024 | 2 replies
I have a property in CA that I want to put into an LLC.A lawyer advised me to register my LLC in Nevada and then complete the foreign entity process for the LLC to also be registered in California, where the property is.
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30 September 2024 | 8 replies
Consulting with a lawyer or a CPA familiar with multi-state real estate investing can help clarify your specific situation.
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29 September 2024 | 7 replies
It looks like you could even use it to foreclose (ask a lawyer in your state), but that the first $35k of equity goes to them.
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30 September 2024 | 9 replies
If they did, they wouldn't be here asking questions : ) As a result, this means that CPAs, Lawyers, and Financial professionals should explain things in simple terms that are easy for people to understand (I'm not sure quoting pubs and regs directly screams simplicity, but including it as a reference is helpful for everyone).
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27 September 2024 | 1 reply
It is still good advice to get a lawyer to review it.
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27 September 2024 | 14 replies
I'll still have a lawyer review everything plus the title company.
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26 September 2024 | 12 replies
Did you talk to a lawyer or just remarket the property?
26 September 2024 | 5 replies
Our lawyer provided us with the projected fees for both options and a Series LLC was extremely expensive.What is the ideal number of properties / total asset value for an LLC?
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27 September 2024 | 44 replies
A CPA and lawyer should be part of your team but not necessarily from the same in house group for assurance purposes - @Paul Beets depending on your framework you should leverage the two separately of their industry knowledge, experience and network to grow your endeavors.