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3 November 2019 | 7 replies
I would like documentation of any communication with the tenant to retain for my records in the event an eviction or other legal action is needed.
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23 March 2021 | 50 replies
C Corps is simple - just issue additional share.Transfer of memberships of a C Corp is cumbersome - whereas for a C Corp all that is needed is to transfer the shares.Control of a C Corp can be altered without any transfer of shares - just dilute the shareholding by issuing additional shares.Long term capital gain occurs when shares are sold (after 12 months).Ask the CPAs to find out details of medical deductions, and how to use 401k to a) reduce employee tax, shelter corporate profits, retain earnings and transfer LLC profits to a tax friendly state via management fees to the C Corp.Banks do not like LLCs as borrowers - Finance is more easily obtained by C Corps.
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26 June 2017 | 5 replies
You will most likely pay them more so they can afford the policy, but you end up passing the risk onto their wc policy.or2) You don't require your PM to carry wc, and you retain the risk.
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1 March 2017 | 14 replies
This material is great for muffling air borne sounds like conversations, TV and radio noise.The second layer of sound protection are the resilient channels installed to the ceiling joist.
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3 February 2017 | 12 replies
A good starting point is to figure materials and then double the number for labor.
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6 February 2017 | 13 replies
In all good conscience, can I expose my tenants to hazardous materials, knowing they are either ignorant of it’s danger or just can’t afford to do any better?
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7 February 2017 | 24 replies
Full renovations of 1b/1b units have typically cost me less than $10k in materials (sample size is 10 units within a 24 month period).
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22 February 2017 | 8 replies
I started reading up on some material as was suggested and went to a few seminars.
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22 January 2017 | 18 replies
Management responsibilities can be allocated totally separately (you could retain 100% control).The LLC would then buy the property with the profits distributed to investors according to the LLCs articles of incorporation.
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27 January 2017 | 14 replies
You could also have him provide the labour and the materials, and be repaid for materials at sale.If you do pay him for labour, even at sale, you could give him a smaller split of the profit for delaying getting paid.