All Forum Posts by: Vincent Incopero
Vincent Incopero has started 4 posts and replied 224 times.
Post: Newbie from Chicago, IL
- Attorney
- Elmhurst, IL
- Posts 255
- Votes 161
Wahaj,
Welcome to BP. Your technical skills will serve you well, who knows, maybe you'll develop a platform that you can test to the BP community!
Post: Newbie from Chicago looking for B&H
- Attorney
- Elmhurst, IL
- Posts 255
- Votes 161
Jeremy,
Welcome to BP! Your pedigree and entrepreneurial experience will serve you well in this industry.
Post: Refinancing an LLC-owned investment property
- Attorney
- Elmhurst, IL
- Posts 255
- Votes 161
Unless and until you have a portfolio of holdings, you are going to pay market rate. Clients I rep that have holding portfolios in excess of 5 mil/25 units are routinely contacted by lenders who have "deals" on rates or who are looking to lend in specific areas.
Post: Searching for properties through the Cook County Assessors Office
- Attorney
- Elmhurst, IL
- Posts 255
- Votes 161
Kory,
I'd be happy to help you with your search needs. Feel free to PM me for more details.
Post: Looking for a good cpa near villa park, il
- Attorney
- Elmhurst, IL
- Posts 255
- Votes 161
Felix, call Kevin with ACT Accounting in VP, he's right in town. Feel free to PM me if you want additional info!
Post: Asset Protection and Privacy in Southern Illinois
- Attorney
- Elmhurst, IL
- Posts 255
- Votes 161
Jeff, If you have specific questions, feel free to contact me directly.
Post: Real Estate Attorney
- Attorney
- Elmhurst, IL
- Posts 255
- Votes 161
Aaron,
I'd be happy to assist you with your formation and real estate matters . Feel free to contact me at the information below.
Post: How to protect my liability on rental properties in Illinois
- Attorney
- Elmhurst, IL
- Posts 255
- Votes 161
I'd be happy to assist you.
Post: How should I register for my FEIN
- Attorney
- Elmhurst, IL
- Posts 255
- Votes 161
You should seriously consider speaking with an accountant regarding tax specific matters, I am neither licensed to nor comfortable with providing tax advice.
The FEIN is a prerequisite to establishing a business account. Now that you are seemingly stating that you are the sole member of the LLC, requesting the FEIN as a SMLLC would be appropriate .
A business account is the proper way to hold and distribute company funds and remit payments to third parties to whom the company is responsible for paying .
Hope this helps . Again , I can't STRESS THE IMPORTANCE OF SPEAKING TO A LICENSED CPA regarding tax specific inquiries .
Post: taxes on an s corp and standard llc. confused!
- Attorney
- Elmhurst, IL
- Posts 255
- Votes 161