2 August 2025 | 4 replies
This would not be because I feel responsible for the actions of the police but because I recognize the challenges faced by many tenants.
31 July 2025 | 27 replies
Anyone who reads that review will recognize that the guest comment was not well thought out (bordering on inconsiderate).Good luck.
30 July 2025 | 20 replies
Some states do not permit formation of Series LLCs but may still allow them to do business within their borders, while others do not recognize them at all.
28 July 2025 | 8 replies
Even though you are presumably taking action based on your financial needs, it helps to recognize that tenants sometimes view changes (or even potential changes) that impact their living situation as more personal or emotional decisions.
29 July 2025 | 16 replies
A series LLC allows for segregation of assets within one entity, though its benefits depend on how well other states recognize and enforce the structure.
28 July 2025 | 22 replies
John Beck, Jimmy Napier, and Bill Nickerson recognized that an investor, or any property buyer, didn’t have to ASSUME an existing mortgage to gain the benefit of in place existing financing, they could purchase a property SUBJECT TO the existing mortgage and hence not be liable personally or as an entity for the loan payment.
1 August 2025 | 16 replies
(g) Pursuant to Code § 704(c)(1)(B), if any contributed property is distributed by the Limited Liability Company other than to the contributing Member within five years of being contributed, then, except as provided in Code § 704(c)(2), the contributing Member shall be treated as recognizing gain or loss from the sale of the property in an amount equal to the gain or loss that would have been allocated to the Member under Code § 704(c)(1)(A) if the property had been sold at its fair market value at the time of the distribution.Deficit Capital Account shall mean with respect to any Member, the deficit balance, if any, in such Member's capital account as of the end of the taxable year, after giving effect to the following adjustments:(a) Credit to such capital account any amount which such Member is obligated to restore under Treasury Regulations § 1.704‑1(b)(2)(ii)(c), as well as any addition thereto pursuant to the next to last sentence of Treasury Regulations §§ 1.704‑2(g)(1) and (i)(5), after taking into account thereunder any changes during such year in partnership minimum gain (as determined in accordance with Treasury Regulations § 1.704‑2(d)) and in the minimum gain attributable to any partner (Member) nonrecourse debt (as determined under Treasury Regulations § 1.7042(i)(3)); and(b) Debit to such capital account the items described in Treasury Regulations §§ 1.704‑1 (b)(2)(ii)(d)(4), (5) and (6).
1 August 2025 | 68 replies
I have learned to be honest with myself and recognize that it’s NOT a huge money maker now, but will be if I hold for 20+ years.
25 July 2025 | 7 replies
The IRS does not recognize demon remediation as a legitimate business activity tied to producing income (mainly because it is not "ordinary and necessary" nor is it "customary" of landlords to carry out).
23 July 2025 | 1 reply
Governor Greg Abbott today recognized Texas as the nation’s leader in annual job creation with a gain of 198,300 nonfarm jobs over the last 12 months.