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28 November 2024 | 4 replies
Depending on your financial status and the health of the LLC and investment it holds they may require a personal guarantee, which would also be you signing as your legal name.
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26 November 2024 | 17 replies
My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.
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5 December 2024 | 18 replies
I also only post one property per city up on furnished finder, since it is a lead gen site and I just email all available properties with Airbnb links to the prospective tenants.
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6 December 2024 | 12 replies
After some digging, I found a helpful and very recent article that appears to agree with this (see link).https://www.keepertax.com/post...At this point, I am feeling a little better because it seems I may actually be just fine (i.e. no need to issue 1099s)!
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29 November 2024 | 2 replies
Maybe we should link up I could learn from you.
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1 December 2024 | 134 replies
What they are showing in that link is normal.
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30 November 2024 | 3 replies
After we meet with tenants etc, we send them an email link with the Lease Agreement.
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27 November 2024 | 8 replies
I found out those two factors still couldn't guarantee they pay their rents on time.
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3 December 2024 | 16 replies
Do you want me to give advice that you should get married & divorced to guarantee returns?