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29 April 2024 | 3 replies
I was wondering if anybody got any tips, topics, questions, and/or talking points they feel would be important?
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29 April 2024 | 1 reply
I need help on which credit card will best benefit me in the long run and what are some tips I can do to maintain a good credit score?
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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 | 14 replies
Nevada has lower taxes and more landlord friendly without the hassle of traveling to the midwest.
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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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30 April 2024 | 12 replies
It means speaking to people whose homes are in pre-foreclosure, foreclosure, or are behind on property taxes.
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30 April 2024 | 25 replies
No taxes on capital gains if you have lived in your primary residence 2 of 5 years
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30 April 2024 | 5 replies
Aloha,While I am sure in many rural areas it would not be an issue, generally the USPS only delivers mail to addresses from the property tax records.To split utilities, it largely depends on how they are currently configured.
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28 April 2024 | 8 replies
Hello,Can I include rental loss in my tax filing for last 3 months of 2023?