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11 May 2015 | 12 replies
A friend of mine dissolved his LLCs last year and put all 9 of his 4 units, $500,000 personal house and vehicles into trusts and raised his insurance coverage to 3 million.
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11 November 2018 | 10 replies
They are simply vehicles to limit your liability.
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27 September 2023 | 12 replies
If your risk tolerance is low, and you plan on acquiring more properties, a limited liability vehicle will probably An asset protection structure is nice to have in order to provide you with more anonymity in ownership as well as a back up to insurance, if or when a policy denies coverage or cannot cover the entire claim.
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17 November 2021 | 122 replies
Another massive need for investment in storage tech is so that home, electric vehicles as well as power plants can be used as "micro grids".
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22 November 2018 | 91 replies
You can lease a vehicle that you can use for business and take section 179 depreciation ,I would advise you to talk to a savvy tax advisor for that.Are there any equipments that you ordinarily use in your W-2 job?
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18 February 2019 | 35 replies
However, the boyfriend sat outside for a while blasting loud music, came in smelling of weed (illegal in our state) and immediately started asking questions about keeping multiple vehicles at the property (against the rules) and behaving in a manner that screams ‘problem/nuisance tenant’.
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26 September 2023 | 5 replies
For me, it's cheaper and simpler to hire a roofer, pay him $150. have him climb to the roofs of the buildings as I don't keep a roof ladder on each property and don't have a vehicle to lug the ladders round.
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29 March 2019 | 16 replies
Make sure on your vehicle details to add the beginning year odometer reading, that is helpful come tax time!
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27 January 2015 | 10 replies
The buyer brought a cashier's check for the down payment and presented it to the seller right at the Department of Motor Vehicles.
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7 September 2014 | 14 replies
So what you are saying is that an individual can go into an asset protection vehicle (single member LLC, Trusts, etc) as long as it is a disregarded tax entity?