Gordon Middleton
Boutique Hotel - Partnership LLC structure
21 June 2024 | 10 replies
I work with a significant number of hotel entities, I can address this from a tax perspective, I'll leave the liability issues to the attorneys.The lessee / lessor entity structure can be used for a few different tax reasons:1) There is a REIT investor - in which case they can only have "Rental" type income, while hotel operations generates "Ordinary" income.
Phil Petite
Solar Panels for Rental Homes?
19 June 2024 | 10 replies
I wouldn't waste my money on that personally.
A.J. Chesney
buying a property with existing tenants?
24 June 2024 | 20 replies
Meeting them puts a face to the name and forms a human connection... you're not just after there money. 2) Provided them with a rental application.
Commie Anana
Mentorship, accountability partner needed
22 June 2024 | 5 replies
Make money, save money, buy a house in a neighborhood they believed in, manage it well, and hold it forever.
Manuel Llanas
Should I invest in another property?
22 June 2024 | 4 replies
It's another form of borrowing money.
Brian S.
Buying property overseas
22 June 2024 | 3 replies
They're not going to waste their time helping foreigners knowing that many will end up not buying.I'm happy to refer you to my lawyer once you have found a property but it's better that you choose one in the region and province you're going to invest in as there could be "legal" differences pertaining to you.On another note, it's important that you realize that strategies that work in the US might not work in Spain and financing is different so you might want to figure out first if that works for you first to make sure you don't waste time and money unnecessarily.Hope this helps.
Joseph Davini
Florida's trends and hypothesis'
24 June 2024 | 8 replies
So, yes investors have been using creative or private money financing.
Derek Morrison
Do I have to show my property to everyone?
23 June 2024 | 7 replies
Yes, I don't want to waste time, but I also don't want tenants wasting their money.
Jason Smith
STR Operating Model for Tax Benefits
18 June 2024 | 5 replies
I am still doing the same work but set up the LT and LLC to provide improved asset protection but obviously want to structure my business so that I have both asset protection while maximizing tax benefits that i can.To be fair to my CPA he didn’t say this would be an issue, he is in the process of doing research to verify the impact of the organizational structure changes and I was looking to educate myself in parallel obviously hoping my research and my CPA’s landed in the same place.
Norbert Huston
Reporting to credit agencies
22 June 2024 | 1 reply
Most collection companies charge a percent of the money collected.