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All Forum Posts by: Al Wilson

Al Wilson has started 1 posts and replied 1062 times.

Post: Determining clear title

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Probably so, unless you are equipped to do it yourself. Good luck.

Post: What kind of deed do you offer a seller as collateral as part...

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
It depends on the facts of the situation and local practice. Your closing attorney or title agent can help you with this. Good luck.

Post: DCN For Form 3115 - Capturing Untaken Depreciation At Sale

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Good question for your CPA. Good luck.

Post: Business cards or NOT?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Absolutely. Treat it as a business. Check out VistaPrint online. Good luck.

Post: Can't find an appraiser!

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Try Equity Valuation Partners. Good luck.

Post: getting my fee

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Perhaps you should get the principals to sign a contract that sets out your fee and the payment arrangement?

Post: Paying personal debt with company checking

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
You can pay yourself back, but only for legitimate business expenses. Good luck.

Post: New Porch Tax Implications (expense,capital,partial disposition)

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242

Like I said, difference in philosophy. Glad you found what you were after. 

Post: New Porch Tax Implications (expense,capital,partial disposition)

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Difference in philosophy. I am unconvinced that random advice from the Internet is ever going to be an adequate substitute for meeting with your local tax or legal professional.

Post: Allowable purchases with LLC account

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
You can sell it to the LLC. There are special tax rules for vehicles. Good question for your CPA.