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19 May 2018 | 5 replies
I'm neither a lawyer nor an accountant, but I recommend Googling "closely held corporation" and then asking your tax accountant how, if any, the proposed idea might impact your overall tax situation (https://www.irs.gov/faqs/small-business-self-employed-other-business/entities/entities-5: A closely held corporation is subject to additional limitations in the tax treatment of items such as passive activity losses, at-risk rules, and compensation paid to corporate officers.).I've read that when two closely held corporations owned by the same small group of shareholders do business with each other, the IRS sees a red flag because some people try using this approach to evade taxes.From my readings of personal finance articles, this additional scrutiny is based on whether there is an "arms length" between the two parties in a transaction.
19 May 2018 | 1 reply
The grandmother still owes roughly 100 thousand on the house, and her power of attorney is willing to let it go to us for the price of the outstanding balance.
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19 May 2018 | 0 replies
After looking at a couple youtube videos, that motor powers two fan blade (one for blowing air over condenser and one for blowing air out the front.
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22 May 2018 | 4 replies
We would love also to build a good power team (investor friendly agents, contractors, lawyers, title companies etc.) and would appreciate referrals.Please do not hesitate to share with us any thing that you feel we might find helpful.
19 May 2018 | 0 replies
If I’m a general partner/sponsor of a syndication, can I control how much depreciation is given to investors/limited partners?
19 May 2018 | 1 reply
If I’m a general partner/sponsor of a syndication, can I control how much depreciation is given to investors/limited partners?
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11 June 2018 | 5 replies
The free version has a 15minute limit but most of my tasks don’t need much more than this.
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23 May 2018 | 8 replies
An important part of the lease is who can occupy. i would limit overnight guests in lease.
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23 May 2018 | 2 replies
My day job is WordPress Website Design (https://simplexstudios.com/) so I am slightly basis but I still, think its the best platform for most businesses as it currently powers 30% of the top sites.LearnDash - Learning Management System for WordPress: Great for courses, education, and more https://www.learndash.com/BBPress - Forums for WordPress: https://bbpress.org/BuddyPress - Add social features to your WordPress site, ie friends, likes, favorites, messaging etc: https://buddypress.org/Hopefully this points you in the right direct and let me know if you have additional questions
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23 May 2018 | 2 replies
So this varies from state to state and sometimes by county, but I know here in Ga where all my portfolio is located, there is no set limit on the amount you can increase the rents by.