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18 May 2024 | 8 replies
. $800 a year in franchise tax fees is my no means sufficient to buy liability protection from a determined litigant.4) Would you hire an environmental testing company to test the land (to which you have no legal access - but I doubt the dead guy would call the cops on you) once the foreclosure process has progressed well enough, but before it's conclusion, so that you tell the lawyer to stop foreclosure in case some major contamination is discovered?
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18 May 2024 | 1 reply
The majority of people I talk to are actually pretty knowledgeable and are in a position to invest.
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19 May 2024 | 3 replies
You also are required to put 25%-30% down and larger reserves are required and the building itself can cause issues if it has vacancy ratios.
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18 May 2024 | 9 replies
I did hear about the structural issues a few times but didn’t realize it was that much.
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21 May 2024 | 138 replies
Operating a plan you do not qualify to sponsor can result in serious issues with the IRS.Some providers aggressively try to push folks towards plans they do not necessarily belong in, because that is most profitable for them.Rental property produces passive investment earnings and is not considered self-employment compensation necessary to establish and sponsor a qualified employer retirement plan.
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19 May 2024 | 11 replies
The way I see this is :1. not utilizing the calculator well enough (eg. undervaluing my rent estimation) 2. there is no good properties in the area to invest. 3. other issues that I may not see (blind spot).
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18 May 2024 | 12 replies
My only income is 1099s, which I write off a majority of it to lower my taxes.
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16 May 2024 | 6 replies
Unanimous or majority rules?
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17 May 2024 | 17 replies
New Albany is home to several major data centers including ones operated by Amazon, Google and Facebook, whose parent company, Meta, announced plans in the spring to expand its New Albany campus.
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18 May 2024 | 5 replies
But with zero enforcement since they don't issue or require STR permits.