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All Forum Posts by: Al Wilson

Al Wilson has started 1 posts and replied 1062 times.

Tax, SDIRAs & Cost Segregation

Post: LLC: Attorney, CPA or Neither?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Not appropriate for CPA's to draft legal documents in our state. Yours may be different, but I would always consult a lawyer for legal documents. Good luck.
0 Votes
Goals, Business Plans & Entities

Post: LLC vs. S Corp

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
This is a question for your CPA. Good luck.
0 Votes
Tax, SDIRAs & Cost Segregation

Post: Termites found after I sold my House.

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Call your lawyer and let him or her deal with it. Good luck.
0 Votes
Marketing Your Property

Post: 2nd Post:: Valpak along with other services.

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Our Valpak envelope goes directly into the recycling bin every month. There are probably better ways to spend your marketing dollars. Good luck.
2 Votes
Tax, SDIRAs & Cost Segregation

Post: Closing without a lawyer in nys

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
A real estate closing is a legal transaction. If you are not a lawyer, hire one. Good luck.
0 Votes
Buying & Selling Real Estate

Post: Buying a property in a partnership but not an LLC?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
We buy everything in an LLC. Would never make an investment in the name of a partnership. Too much risk. The first step is to develop a relationship with your banker(s). Good luck.
1 Vote
Tax, SDIRAs & Cost Segregation

Post: Investor NOT protected by LLC?!?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
This has nothing to do with LLC or not and everything to do within the defendant's role in the enterprise.
0 Votes
Wholesaling

Post: Wholesaling (Against the Law?)

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Get your license. Why skirt the edges of legality? Good luck.
0 Votes
Private Lending & Conventional Mortgage Advice

Post: Who's not banking local? Why are people with BofA and the like?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Mostly community banks here, with one account at a BOA-equivalent at all times. Goal being to spread the banking relationships.
0 Votes
Buying & Selling Real Estate

Post: Leaking oil tank

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Environmental liabilities can be very expensive. You may want to start by calling your state's environmental agency. Good luck.
0 Votes
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