9 January 2019 | 18 replies
Screens, TV/computer/phone will effect the tired sensation and likely keep you up longer than you wanted.
6 January 2019 | 6 replies
My best recommendation is to make your license active only if you are going to do several transactions, either for yourself or for a client.
6 January 2019 | 3 replies
Does this vary from transaction to transaction?
3 January 2019 | 3 replies
There are other ways that are just as effective and not detrimental to sellers credit.
4 January 2019 | 14 replies
What you effectively have is a general partnership at that point.File 1065, allocate debt basis to whoever is named in the mortgage, issue K-1s to partners, call it a day.Of course @Jason Iskarpatyoti, you should always engage a tax pro to examine your facts and circumstances so they can dial in advice.
10 January 2019 | 4 replies
I am looking to inject (contribute) some money into one of my LLC to finance some new acquisition this year.I am refinancing my home (that is under my own name) and will use the cash out as contribution into the LLC.It is my understanding that while you can't deduct new mortgage or refi anymore on your personal home, you can still deduct all its costs when it is used for investment (by deducting from the investment income/gain).What would be the proper way to document this transaction in addition to the schedule recording the contribution in the LLC book?
4 January 2019 | 8 replies
If you don't do this properly, and you have an uncooperative tenant, you could dig yourself a hole quickly,It's been my experience that cash for keys is very effective.
3 January 2019 | 3 replies
In this case I think a business transaction attorney would be best.
10 May 2019 | 2 replies
Pros - My PM is fair and honest, makes reasonable decisions, is a decent handyman, builds valuable relationships, is easy to contact, is very cost effective, strong and handsome.Cons - My PM tends to read the news and drink coffee too long in the mornings, takes too long for lunch, randomly stops working in the afternoon, will spend 8 hours working on something that takes a professional two hours, drives a crappy Ford Ranger and buys work clothes at Goodwill and is neither strong nor handsome.
3 January 2019 | 3 replies
However, what keeps me thinking is when I find the motivated seller/ deal and the motivated buyer - The part of the paperwork and transaction.