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1 January 2018 | 4 replies
I'd do two things- check the times in your city for noise ordinances and make sure you are in compliance.
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5 January 2018 | 11 replies
@Roberto Westerband the cheapest option is to establish an IRA owned Business Trust since the Business Trust avoids all of the on-going and compliance fees associated with an LLC.
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3 January 2018 | 20 replies
I assumed you were assured the boiler wasn't of adequate size.
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3 January 2018 | 5 replies
Danny,Can the case worker assure that they have another rental, have signed a new lease and that will vacate on or before Jan 31st?
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5 January 2018 | 9 replies
Not much is written on this from what I can tell.I have a small 1.2M 26 unit I'm trying to raise funding for and need to figure out how to structure the deal, and provide assurances for my investors.I know you're slammed with your day to day, so I really appreciate your insight.
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7 January 2018 | 7 replies
So it is a question of whether 1) let them finish the lease and terminate with them being tempted to skip the last month and/or trash in retaliation or 2) evict due to non-compliance with lease and depending on the amount of time it takes risk court fees, pm fees, and tenant stopping payment on the way out the door as well as probably a bit of an escalated risk of retaliation.
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5 January 2018 | 2 replies
If you quit claim the property into an LLC, then they could consider this as a change in owner and could call the Due on Sale Clause on the note.C-corporations have a double taxation impact to them (taxes on dividend distribution and taxes on income), there are a lot of high-level reporting and compliancy requirements.
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7 January 2018 | 5 replies
They are subject to regular compliance audits at the state and federal level.
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8 January 2018 | 6 replies
In my opinion, organizers are necessary to make sure that the following information is captured:Address, birth date, dependents, and health insuranceInformation subject to change (i.e. address, rentals, business ownership)Entities that you own a stake inEntities that we need to be aware of for tax compliance purposes (i.e. are you needing your CPA to file a 1065 for your partnership?
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8 January 2018 | 21 replies
I have assured her that everything will remain the same for now, and she will be given 30 days notice for any changes.