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11 November 2024 | 2 replies
I knew about ALE Solutions, but not CRS.
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13 November 2024 | 3 replies
Alternative Solutions: If refinancing isn’t possible and a buyout is needed, consider a structured buyout agreement where the remaining partners gradually purchase your share, allowing you to exit while they assume full ownership.This post does not create a CPA-Client relationship.
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14 November 2024 | 21 replies
The solution to this is simply!
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6 November 2024 | 5 replies
A combination of these approaches could create lasting, scalable solutions across Texas.
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14 November 2024 | 22 replies
Their familiarity with the local market and diverse financial products could be beneficial.Huntington Bank: With a significant presence in Ohio, Huntington Bank provides various commercial banking solutions and has a history of working with business clients, including those with complex ownership structures.PNC Bank: As a major regional bank, PNC offers comprehensive commercial banking services and has experience dealing with corporate clients, which may align with your fund's requirements.It's advisable to contact these banks directly to discuss your specific needs and assess their ability to accommodate your investment structure without personal guarantees.
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14 November 2024 | 9 replies
Direct access to MLS data, multiple solutions for sellers (off market cash deal or listing), ability to rep. yourself on your own deals (saving on commission), and of course, education & networking.Having a license costs $$$ though.
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14 November 2024 | 25 replies
Might be a good short term solution though.
13 November 2024 | 8 replies
@Mad Dendukuri easy solution - tell the tenant you can't afford to do flooring AND put them up somewhere, so deal is off.Either they will be reasonable or show themselves to be greedy and someone you should get rid of.
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20 November 2024 | 37 replies
You cant respond to a financial problem with an emotional solution.
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21 November 2024 | 39 replies
Some of the simpler asset protection solutions would include the following: having max funds allowed in qualified retirement plan or IRA rather than personal as retirement plans are exempt assets in Federal and most state bankruptcies; investing through an annuity if your state (Florida and Texas for example) exempts insurance policies and defines annuities as an insurance policy; taking advantage of maximum homestead exemption in your state; use of corporations or more popular LLC or Series LLC to limit liability to the entity holding the asset; reasonable liability insurance if available; separating asset ownership from asset management; etc.I can design a simple, cost effective asset protection strategy of up to about $5million with little cost IF the individual resides in Texas or Florida.