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27 September 2024 | 8 replies
You can transfer the rental to an LLC after the purchase, though this may trigger the due-on-sale clause, so check with your lender.This post does not create a CPA-Client relationship.
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27 September 2024 | 6 replies
Oil Refining Capacity transfers through the Port of Mobile, which ranks the port as 10th in the U.S. for imports and total foreign trade, with a $10 billion impact on the local economy.- Walmart has just opened up a brand new distribution center consisting of 2.6 million square feet, and provides more than 750 new jobs.Economic Information -The City of Mobile has seen extensive revitalization and tremendous economic growth:Business/Corporate Sector- Construction of a new Airbus jet assembly line at the Mobile Aeroplex at Brookley should move forward rapidly during the coming year.
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26 September 2024 | 9 replies
After paying the tax, you can transfer the proceeds to your partner.However, Technically you should have filed partnership tax return where he would have recognized his portion of yearly activities and sale at the end.This post does not create a CPA-Client relationship.
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25 September 2024 | 5 replies
It might be simpler to hold off on transferring to an LLC until after the refinance.Hopefully, a CPA can jump in and provide more in-depth advice!
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25 September 2024 | 6 replies
Welp, as of this month, my account has been transferred to their new Credit Karma and it doesn't look the same and all my budgeting information is gone.
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25 September 2024 | 2 replies
, my ID and documentation that shows that I am the owner of the property such as a closing statement.I called again this morning, Monday, only to be transferred to voicemail, so it looks like customer service for when your account is locked in non existent.
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23 September 2024 | 12 replies
Technically once the transfer is completed the lender has the right to call the loan which would require you to refinance.
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29 September 2024 | 12 replies
IF we sold it, assume 10% for agent, transfer fee, etc to sell.
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24 September 2024 | 4 replies
@Andy Johnson most PMCs have an Operating account that all rental income is deposited in.All Portfolio and Property expenses are paid from this account, as well as owner draws.PMC's also have a Management account, that they transfer their management fees to (from the Operating account) and pay all company expenses from.Third account is to hold Security Deposits (SD) according to your state laws.
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23 September 2024 | 3 replies
Licensed STR can transfer.* Above average ROI. 5.