
9 August 2020 | 6 replies
Many other states let you charge corporations any amount of interest (since they have the least to lose in default, especially small ones or asset poor corporations.)https://www.cuna.org/uploadedF...

29 June 2020 | 8 replies
I have heard several examples of "the corporate veil" being declared "pierced" in court, rendering the LLC protection null and void and the person (or other businesses) legally liable.

29 June 2020 | 4 replies
So My wife and I decided to “retire” from corporate jobs at 49/50 but didn’t like the 4% withdraw limit analysis our broker was trying to sell us on.We took a portion of our retirement funds and have purchased 40 doors in 26 months.

29 June 2020 | 3 replies
Furloughs are ending and most people are not being invitee back to their old jobs.2) Stimulus is running out3) Extra unemployment benefits are expiring in 4 weeks 4) PPP program expires at the end of July5) Second round of corporate layoffs are just starting now6) The shoe is going to drop on commercial RE7) Residential RE will likely start to face the music soon8) Persistence of Covid means single economy towns are at grave risk.

30 June 2020 | 5 replies
From my experience, if they have lived there for more than a year, a 60 day notice does need to be issued.There might be a stipulation of rental assistance which equates to one month's rent or providing the current tenants one month free.It our situation because we were the family moving into the property, the sooner they left the better, so we paid them the rental assistance and moved into the property.The tenant we actually paid told us of a tip of using private landlord documents to serve the notice and specifically not using the forms with the California logo.
2 July 2020 | 10 replies
@Sharad PetersonCo-mingling funds is the direct way to pierce the corporate veil of your LLCIf anything, you need to have the LLC legally in the process somehow.
1 July 2020 | 6 replies
I will hold the note in my name, but the title and deed would transfer to the LLC.When completing my taxes does this operate like an S Corp or will this LLC be the one to claim he deprecation, expenses and potential cash flow?

11 June 2020 | 7 replies
Right now I don’t have a logo.

12 June 2020 | 5 replies
Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).