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28 August 2024 | 17 replies
I have recently been removed from all 6 business bank accounts and had no responses from him.
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1 September 2024 | 2 replies
I told the tenant that I will be allocating their last months rent, that was transfered from the prior landlord, for the month of September and served the tenant a 30 day notice to quit (no cause).
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29 August 2024 | 3 replies
Yes, there are a lot of people who spend less than they make and have a surplus.There are others who are inheriting wealth from othersBut there is another subset that we often forget: those who have equity in their homes.Much of the equity has built up due to a runup in home values since 2020, which allows these people to use a HELOC to purchase a home for cash.When rates were low there was a group of people who were using Hard money to purchase and rehab buildings and then refinancing at the end this was the BRRR strategy.Hard Money is not an option these days since the cost of refinancing at the end of the project is too expensive.So when we see people paying cash, it is often pent-up savings and HELOC money that people use, and not as often Hard Money.
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31 August 2024 | 12 replies
LLC is a pass-through entity, meaning there's no tax benefit.
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28 August 2024 | 9 replies
No dust was found so it appears like this might be from past and not current.
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28 August 2024 | 31 replies
Obviously there are mature markets where this no longer stands out.
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31 August 2024 | 0 replies
No more rod replacements needed, unless it breaks.
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1 September 2024 | 13 replies
There are no wrong things to do except doing nothing.
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2 September 2024 | 7 replies
Like Both Account Closed said, you can contribute property into and out of an LLC - as long as it is not taxed as an s-corp without it creating a taxable event.So, in your case you're almost all the way to no problem.
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26 August 2024 | 4 replies
I appealed and supplied them with the new photo's, and upgrades.