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Results (10,000+)
Joel Stone How to hire hourly help, be IRS compliant, and protect myself from liability EASILY
22 October 2014 | 1 reply
For example I report on a W-2 form the following amounts: $23 compensation, $2 withheld for FICA, $1 withheld for state withholding, etc to end up with an even $20 (that I already paid the worker?).
Tim B. Management contract
25 May 2014 | 5 replies
Just speaking from my experience if you charge an extra monthly fee it does count as rent normally unless otherwise stated, I have some clients that include utilities in their rent and they pay a management fee on that extra amount too.If you are not happy the best thing to do is reach out to them and ask them for a discount on your management fee, if you a good client to them they will likely compensate you for the extra $200 a month that is coming in now.Hope this helps.
Bill Morris Buyer's Agreement Request from Agent - Is this normal for investors?
13 November 2014 | 26 replies
If the transaction came about because of the efforts of the agent performing their duties and activities, such as advertising or making introductions to the parties, that agent will be due compensation under that original agreement.It is illegal for an agent to accept any compensation without an agency relationship being established, it is also illegal for any agent to pay compensation based on any sale price or splitting commissions to any other party who is not a licensee.
Mark Updegraff Where do you stand left versus right
3 August 2010 | 15 replies
If people repay their debt for taking a course of study that is "worthless" and the government is compensated for the opportunity cost of capital does it really matter at the end of the day?
Joshua Dorkin How many house flips/rehab deals do you do a year?
7 June 2017 | 32 replies
my goal is 20k per flip....so far this year i'm exceeding that..profit margins are slim in charlotte, or maybe i just prefer to sell quick and underprice......my last flip i had 3 offers the first 2 days..pricing is something i need to work on bc i like to be competitive, but sometimes i think i'm selling my property short...to compensate for the slim margin, my goal is to increase the volume of my business..i close on one tmrw...wish me luck with the rehab!!
Michael Seutin CASH FLOW question
17 November 2009 | 14 replies
The reason that the entire purchase price is used in the determination is to basically compensate your dollars of down payment exactly the same as you are paying your lender.
Robert Mack Handymen and Contracts
2 February 2010 | 19 replies
Never pay them weekly, train them, directly supervise them, or become their single source of income and a bunch of other things... or you may find yourself having hired an employee... when you didn't want one.Having them carry general liability and workmans compensation insurance would be great.... and it protects you in many ways.
Ram Chandrasekaran Help me Understand these Legal Terms, please
18 July 2008 | 19 replies
A real estate broker within the meaning of this part is aperson who, for a compensation or in expectation of a compensation,regardless of the form or time of payment, does or negotiates to doone or more of the following acts for another or others: (a) Sells or offers to sell, buys or offers to buy, solicitsprospective sellers or purchasers of, solicits or obtains listings of,or negotiates the purchase, sale or exchange of real property or abusiness opportunity.
Account Closed Loopnet, Good, Bad, Necessary??
23 July 2019 | 44 replies
If not the buyer won't base the offer on that income as the trend hasn't stabilized long enough.What kind of reports have you kept on the property.Example the rent roll and what day the tenant paid,how many times late,the strength of your leases,how large of security deposits were taken,how many complaints each tenant files,etc.The less records you have and want the buyer to take your word the lower the offer price will be to compensate for the unknown risk.So based on the 50% rule.3,900 X 12 months = 46,800 divided by 2 = 23,400So at a 10 CAP with no deferred immediate CAPEX your sale price is 234,000.269,000 equals a 9 CAP rate.If your property is in a decent area I believe you will get activity at that level.Good luck and I hope you sell it.
Travis Glenn First Deal! Potential Foundation Problem. HELP!
13 August 2016 | 27 replies
I would not inherit their problem without compensation (i.e.