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Results (10,000+)
Jonathan Hammann Tax Lien Buyers Club, Don't Do It!!!
31 August 2024 | 36 replies
So three days agoAnyways I asked her the status of my liens and told her idk what happened we just lost contact.
Jason R. Banks willing to open accounts for a cell in a Series LLC?
27 August 2024 | 18 replies
The people in that cell can have signature authority, that is granted in the operating agreement of the master.Your tax status has nothing to do with an operating account. 
Salvatore Spano BOI (Beneficial ownership information)
28 August 2024 | 11 replies
The individual’s substantial control over, or economic benefitsfrom, the reporting company are derived solely from theemployment status of the individual as an employee. Yes  No3.
Mila F. We only approve fixed dogs/cats. Are we supposed to exempt ESAs from this rule?
29 August 2024 | 33 replies
Simple solution: Inform them that unfortunately you can’t accept ESA letters without being able to verify the validity of the letter by speaking with the local licensed mental health professional who prescribed them their ESA, so that you can verify that they have a legitimate disability requiring an ESA as well as that whoever prescribed it to them is a real licensed mental health professional who has an ongoing relationship with them beyond just receiving a one-time payment to “prescribe” the ESA. 
Carlo D. Can't open a bank account for my newly formed LLC
26 August 2024 | 1 reply
Even if you go DSCR where they lend to the LLC, they are going to ask for articles of incorporation, EIN assignment letter, operating agreement, and sometimes a certificate of status as well. 
Matthew Samson Corporate refugee (tech). Excited to get started.
27 August 2024 | 9 replies
I'd be happiest being quite an active investor and property manager.Of course, given my wife's job there's a also a huge incentive for me to qualify for real estate professional tax status and (if I'm reading things right) maximize our paper losses.
Michael Plaks Explained: How CPAs charge you (and why)
27 August 2024 | 13 replies
Please point me to the right direction of either I just keep going solo until I have a few more properties, or as starting if I am a good case for the right service from a CPA.Business current status/goal:2022 currently establishing Whole Sale Marketing and Real Estate services, I would like to:-Creating anonymous LLC (Florida double LLC) to hold rental properties-If this anonymous LLC can also be our holding company structure that CPA see beneficial for us.
Jim Stoffey Joint Venture - Is this a Scam?
1 September 2024 | 79 replies
It does seem like a great way for you get out of that "employee" status in your business so you can scale.  
Brad Birky Buyers can't get financing due to zoning
27 August 2024 | 12 replies
Here are the Fannie Mae guidelines for legally non-conforming properties:If the Property's characteristics are legally non-conforming, you must:ensure the Borrower executes the Modifications to Multifamily Loan and Security Agreement (Legal Non-Conforming Status) (Form 6275);confirm whether, if fully or partially destroyed, the Property's Improvements can be fully rebuilt to the pre-casualty condition per current laws, zoning requirements, and building codes; and if the Property’s Improvements cannot be fully rebuilt to the pre-casualty condition, evaluate if the as-rebuilt Property will support the Mortgage Loan at the current Tier, and document your analysis in the Transaction Approval Memo.To assess the Borrower's ability to rebuild Improvements on a non-conforming Property to a level that will support the Mortgage Loan at the current Tier, you should consider: conducting a threshold analysis to determine the resulting actual amortizing DSCR if the reconstructed Improvements cannot be rebuilt as-is per current law; the likelihood of a casualty event (e.g., wind, earthquake, fire, flood, mine subsidence, etc.); the percentage of damage to the Improvements at which the Property’s jurisdiction will require the Property be rebuilt to current zoning and land use requirements (i.e., the destruction threshold); which Property characteristics the destruction threshold percentage applies to, such as market value, assessed value, replacement cost, or unit count; for Properties with multiple buildings, if the destruction threshold percentage applies to each building, or all buildings as a whole; the replacement cost to rebuild per current requirements for zoning, and land use; the Property’s continued marketability, and economic viability; the amount and type of Borrower-maintained insurance coverage required per Part II, Chapter 5: Property and Liability Insurance, Section 501.02C: Ordinance or Law Insurance; insurance loss proceeds payout, compared to increased rebuilding costs, including from building code changes, Americans with Disabilities Act compliance, and the municipality's local zoning requirements (e.g., green compliance for new buildings, etc.); the sufficiency of estimated insurance proceeds from ordinance or law insurance and other coverages to repay the Mortgage Loan in the event of partial or full casualty, or condemnation; and for a Tier 3 or Tier 4 Mortgage Loan, if requiring execution of the Limited Payment Guaranty (Form 6020.LPG) would mitigate the risk of the as-rebuilt Property not supporting a Tier 2 Mortgage Loan.
Account Closed is Renatus the Real Deal or a Scam?
30 August 2024 | 70 replies
BBB doesn't take complaints down, they keep it up along with the status and resolution.