The best thing to do would be to consult an attorney, but likely, that is not an option for everyone starting out.I'm not an attorney, and this is not legal advice, but some of the information that we include in our contracts is:- A clear scope of work - Payment schedule / Milestones- Change order approval process- Allowances for finished materials- Reasons to terminate the contract- Expectations for start date (X amount of time after final plans /permits are received or X amount of time after the contract is executed)- General schedule and timeline (This is where you could specify an end date - however it may be better use incentives rather than liquidated damage if your general contractor is late - we've done both, but found General Contractors respond better to getting something if they get done early instead of being punished for being late. 

I'm a 401k administrator and yes, you can use an S Corp to fund a Solo 401k (can use Schedule C, w-2, K-1 as a partnership, or 1099 income towards a 401k...). 

Based on my reading of IRS Publication 523 (Selling Your Home), it appears that I must report the sale of the original property on Form 8949 and Schedule D, given that I received a 1099-S.

In most cases, affected taxpayers need to fill out and attach Schedule B to their tax return.

Then on another sheet of paper put that number and what I need to do to comply with that contract clause.If it is something like scheduling security I would have vetted the companies before I signed the contract to get the costs which meant I may not have signed the contract if the money didn't make sense . 

Is there a regular schedule for the meet up?

Shoot me a message if we can schedule a call to talk about the area, what you are looking for, and how I can help you best!

Tools like Cozy or Buildium can streamline processes.Understand Legal Obligations: Stay updated on Colorado landlord-tenant laws to ensure you're compliant with security deposits, lease agreements, and eviction processes.Effective Communication: Set clear expectations with your tenants about communication channels and response times.Regular Inspections: Schedule periodic visits or hire someone to conduct property inspections to catch minor issues before they become major problems.Final ThoughtsWeigh the pros and cons based on your circumstances.

Have the furnace, A/C, water heater etc all on a schedule to have inspected and serviced.

We sold completed the project ahead of schedule and under budget - 116 days from purchase to sale.