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17 December 2019 | 72 replies
Free enterprise he can charge as much as he wants.750 square feet?
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29 October 2019 | 4 replies
That's the difference.I have an s-corp for active income enterprises and LLCs for my commercial RE assets.
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2 November 2019 | 28 replies
See below.Howey Test: https://www.investopedia.com/terms/h/howey-test.aspThe Howey Test determines that a transaction represents an investment contract if "a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party," The link goes to a longer explanation.
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3 November 2019 | 5 replies
But knowing what I know now, I regret it not being a multi unit rental property.So sell it and buy a triplex or quad (if your family is up to the enterprise).Anyone have some advice or encouragement laying around?
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5 November 2019 | 15 replies
I may be totally ignorant regarding how income is claimed....but in all cases of companies I've been a principal, unless it's a publicly traded enterprise, all income flows back to the individual...at which point, whether an LLC, S, C or sole P, the only impact to that income after hitting the adjusted gross income line are expenses, deductions and credits.
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17 February 2020 | 7 replies
Dennis Westbrook at Dwest Enterprise, we spoke on the phone as well.
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10 November 2019 | 6 replies
I've also worked with Enterprise Bank, Northway Bank, and St.
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17 January 2019 | 0 replies
Photog gets $3.25/picture; cost is $5/picture or less for enterprise.
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19 January 2019 | 2 replies
To qualify for the safe harbor you need to keep a seperate bank account/books for the rental enterprise (which you should be doing anyway if you utilize LLCs)1b.
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20 January 2019 | 0 replies
Robert Biggerstaff Enterprises has been very helpful in getting me rehab numbers prior to bidding and also answering questions along the way as this is my first rehab project.