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15 February 2017 | 3 replies
I have functioned in many different ways and could help you with many different ways if you can think of anyway I could do that.
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27 February 2017 | 52 replies
Having these conversations with the CPA as I converted my books has completely changed the way I think about my record keeping, how I take draws, how I may structure partnerships and investors going forward....Other than perhaps a good real estate lawyer, from my experience, a good CPA is critical to a young real estate investor's performance.
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7 March 2017 | 45 replies
Drive a functional beater to your first closing with pride.
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20 February 2017 | 13 replies
This might be a new job to learn - I'm sure the search function here can bring some good wisdom that speaks to managing remotely.
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4 March 2017 | 26 replies
I have registered both a Corporation (taxed as an S Corp) and a LLC member managed (taxed as a partnership, since there are 2 of us in my buinsess) in my home state of Minnesota for the filing fee of $150 each.
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17 February 2017 | 19 replies
However, I was unable to find any authorities that would prohibit such a sale to a related LLC taxed as a partnership.
15 February 2017 | 1 reply
Your post isn't entirely clear as to who "we" are, but you need either a partnership agreement or a promissory note/deed of trust agreement, either of which can be drawn up by an attorney based on the parameters you outline.
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25 February 2017 | 7 replies
Class B buildings should generally not be functionally obsolete and should be well maintained.Class C The lowest classification of building and space is Class C.
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17 February 2017 | 17 replies
You CAN create a limited partnership and define the ownership as you please, but the members can not sell their share; if a member wants out, the others buy him/her out.When we say Shares, think Stock Exchange share which are governed by the SEC.When forming a legal entity, you would acquire the right to sell shares openly ONCE registered with the SEC.
15 February 2017 | 1 reply
I am unsure of how to set up the partnership.