Brady Hanna
Al Aiello-LLC Master Machine??
17 October 2016 | 31 replies
(Trump does not use anonymous C corps - he has TRUMP in big letters on his buildings because my understanding is his attorneys use this very same technique)So the liens that strip the equity in your properties are not fake loans, they are created to truly capitalize a legal entity, hence the "economic reason" that holds up in court.Look it up on line and you will see there has not been one federal case challenging such an arrangement provided your liens were recorded "prior to" any lawsuit being initiated or filed against you.This structure saved an acquaintance of mine millions in a lawsuit on an apartment building in Chicago, where the litigants tenants wanted to slap him with punitive damages in the millions, but could not because there were no equity and if they would've won and gotten a charging order they (the plaintiffs) would've been stuck with a phantom income tax bill based on IRC 77-137Pursuant to Revenue Ruling 77-137, the IRS requires the judgment creditor in possession of a charging order to pay tax even though income was never distributed!
Michael Thompson
Vacation Rental Duplex
21 September 2021 | 0 replies
It is situated on a large double lot where you can swing under gorgeous old live oak trees or just enjoy this bird watcher's paradise among many flowering trees and shrubs.
Quincy Jallah
Do I really need a realtor to buy a MFH in DC?
2 January 2021 | 13 replies
It was an interesting arrangement honestly.
Mario Sanchez
Partnership percentage question
15 March 2023 | 11 replies
What is the economic arrangement of the deal?
Asia Callier
Owner Occupied Financing
22 September 2015 | 3 replies
Is there any way I could pursue this deal and work out an arrangement with seller to get one of the units vacant (for example paying for tenants relocation costs)?
Jenny Scott
Is this a valid alternative for my vacation cabin?
14 March 2023 | 22 replies
Additionally, this arrangement allows you to maintain access to the cabin for your own personal use.However, before moving forward with this idea, it's important to consider a few potential issues.
Christian M. Conroy
How to Go from FHA 3.5% to 20% Realistically
13 March 2023 | 35 replies
think about it: if you can put 3.5% down AND figure out a way to defray your house payment with some kind of house hack arrangement, you keep more cash in your pocket for other things: savings, other investments, whatever you want.
Dan Huntzinger
Possible Lease violation but unsure
15 March 2023 | 8 replies
You might choose to add a specific limit within your lease just to make it clear what the expectation is, but again its very hard to police something like this and of limited value as long as the rest of the tenancy arrangement is going ok.
Vib Baker
What paperwork to look for what starting as a money lender
28 May 2013 | 5 replies
One way to avoid lending issues is to be a partner in a project providing money inside the business entity, endless arrangements can be made as a partner.
Josh Hall
Harlan Kentucky Real Estate…? Help!
17 March 2023 | 0 replies
We’ve got to figure out her living arrangements pretty quickly so I wanted to hop on here and see if anyone knew any agents or properties in that area.