Johann Jells
Liabilities of using personal VISA for LLC expenses, paid by LLC?
As I'm shopping for a new business credit card, I'm wondering if there's a legal or tax downside to using a personal card as a business card like we did before forming an LLC. Just use it only for business and pay it ...
Kole Kingslien
Best way to pay yourself from an LLC for small contractor
Hi all, I am looking for advice on how to help my dad out with getting his business going. I have set up a Single member LLC for him, and am wondering if I should put him on payroll with his other employee(s), what wo...
Katrina Cabral
HOA Class Action - Discrimination Case
Curious if filing a class action against an HOA is a pipe dream or a possibility? And wondering how that would work - understanding that the lawyers always win in these cases, what are the odds of finding a lawyer wil...
Leon Lee
Several questions on operating growing STR portfolio
Hi, STR fellowsI have a few questions on managing short-term rentals and wonder whether I could get some help from you more experienced STR managers here:1. Are there really good books/podcasts on managing short-term ...
Randy Jones
Dad's SDIRA
Hello so I am trying to buy my second property. I am trying to figure out a way to raise some money. I know I plan on starting a Corp. my dad has a few hundred thousand in his 401k. Can he move part of that money to a...
Loyal Carpenter
Self-Employed Mortgage options
I have a friend who has been self-employed for about 6-months. He's doing great & just hired another employee. His understanding is that he is unable to qualify for a mortgage until he has been in business for two...
Tom Kaplan
Ohio Management Company License
Hi,I have been told that in Ohio in order to be a property manager you have to hold a broker license, or to be the owner of the property.Is there a way around it? If I want to hire someone local who is not a broker, I...
Keith Ghion
Small Business Owner Retirement Entity Question
HI everyone,Hoping to gain some insight to this question, I've searched the forums and haven't seen this specific question answered though I can't imagine I'm a unique case. I'm trying to figure out the best vehicle ...
Eric Anderson
Property Management: In-House vs Outsourcing mgmt for 80+ units
Hi, I'm looking for advice on how to best manage a package portfolio of 76 apartments spread among 20 small multi-unit buildings in the same area. Total gross rent would be around $700k/year. We may increase our por...
Melba Chambers
Investing in RV Parks??
Has anyone ever invested in a RV park/resort? If so, what are the pros and cons?