It is recommended to instead use a trust to hold property in FL, since they have protective qualities like an LLC, but don't come with the tax issues.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

Your situation sounds like it constitutes a breach of the lease to me Best of Luck

Does 1% constitute a fall??

Avoid giving rent credits unless you’re prepared for them to be legally treated as equity.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

You can look into the Howey Test.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

I would definitely recommend if you haven't done so already to review LLCs and Trusts to see if they're the right fit for you as you start out and grow for asset protection and anonymity, so that you can isolate out liabilities from the business rentals and your own personal activities.Please let me know if you have any questions with regards to it.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

This includes the tenants obligations such as the 30 day notice requirement and your right to retain the deposit if the tenant fails to provide the required notice.However, as a practical matter, when a rental property changes hands with pre-existing tenants, it is wise and good practice to send a notice to the tenants informing them of the change and providing updated information on how to contact the new landlord, where to submit payments of rent, etc.Note: This information is foreducational and informational purposes only and does not constitute legal,tax, or financial advice.

However, there may be other licenses or requirements depending on what state, which city/county the properties are located in, and if there are any special accommodations or amenities for the properties.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

Assuming you haven't made a corporate election for this LLC (e.g. elected to be treated as an S-corp or C-corp) then you would generally not need a NJ LLC or to file the NC LLC into NJ, especially if this is simply a rental property.Note: This information is foreducational and informational purposes only and does not constitute legal,tax, or financial advice.

BillNumber=1217&Year...Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.