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30 April 2024 | 9 replies
Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.
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1 May 2024 | 2 replies
What I'm really doing is creating a "workshop" space that's part of the house that can be used towards a business write off, but can also be easily converted to living space with plumbing/wiring already installed in walls/floors.
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30 April 2024 | 18 replies
I highly recommend you checking out Guesty in the meantime as it sounds like your main issue is scheduling cleaners, when really, there's an easy solution for that.Book Rec: "ClockWork - Design Your Business to Run Itself" - by Mike MichalowiczSide note - Matt I'm jealous of you being in Kihei, I was there a few months this past Spring, beautiful place.
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2 May 2024 | 19 replies
Are these specialized companies/businesses/custodians/individuals?
1 May 2024 | 5 replies
If you don't plan on doing agent business outside of your own transactions, just choose the best split and lowest fees, but you won't learn anything about doing the deals for yourself that way.
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30 April 2024 | 4 replies
I spent the last 10+ years as a master electrician & running a business.
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30 April 2024 | 4 replies
Its also more cost efficient compared to NY in terms of fee's and overall costs to set up LLC.When I set my LLC up in Fl it took literally 15 minutes and you will need to get your Tax ID/IEN set up so you can get your business checking account set up with a local FL bank.
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1 May 2024 | 11 replies
@Lyle Cooper I have a situation where the husband pays in cash his half due to having a cash business and the wife pays her half with a check.
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1 May 2024 | 22 replies
In the calculator snapshot above, it shows a "Management Fee" of 0%.You don't want to be the property manager, but property management is an unavoidable cost of operating a rental business.
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30 April 2024 | 1 reply
I'm wondering what are your opinions on investing in Pittsburgh and do they align with what were seeing as a company doing business in the city.Investing In PittsburghIs Pittsburgh a good place to invest?