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Recent content by MIKEPIN

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

  1. M

    Refinance through LLC

    Yes, and I really appreciate your answers! Will have to figure out what I do. The discount is about 500 a month for 10 years.
  2. M

    Refinance through LLC

    My main concern was to not trigger any captial gains taxes moving the properties into an LLC. Yes, 100%. They do not requite an LLC. They requite a Delaware SPE. Most SPEs are LLCs. I found more:
  3. M

    Refinance through LLC

    Thanks for your answer. I have two banks suggesting a DE SPE, a mortgage broker (not mine) tells me that is not uncommon. I like the idea of moving the property into a DE SPE (as an LLC), but my concern is that I do not want any tax disadvantage. Property right now owned by my wife and me and...
  4. M

    Refinance through LLC

    Florida My wife and I own a rental property. We need to refinance. We have a really good offer from a bank, but they require us to move to the property into a Delaware SPE. We would make it an LLC. We have paid down the house a bit and we have had it for many years and depreciated it. Would...
  5. M

    FL - Represent my own Corporation

    THANKS FOR ALL YOUR HELP!!
  6. M

    FL - Represent my own Corporation

    It is a small commercial property and for sales tax purposes we had to separate it from our personally owned property, otherwise we would have to declare everything every month.
  7. M

    FL - Represent my own Corporation

    My FL corporation owns a property. Can I represent the corporation in court in an eviction case? I did a lot of research, but I found no answer. But in small claims cases I can: and But I could not figure out ... Evictions cases are civil cases. Does that mean they are not part of small...
  8. M

    Patch Panel

    The lease does not address this issue at all. I am the landlord. They were a tenant when we bought the property, so it is not my "contract".
  9. M

    Patch Panel

    FL. Commercial tenant installed computer cabling and patch panel and wants to take it with him. I inherited the lease, the lease does not say anything about this. I thought once it is attached to the property it stays with the property. Does anybody know?
  10. M

    Small condo assosiation

    Thank you. Did not know 468.431.
  11. M

    Small condo assosiation

    You are totally right. I just want to make sure it is legal!
  12. M

    Small condo assosiation

    If a property owner employs someone to manage their property, and that employee is paid a salary, as opposed to being paid a commission or on a transactional basis, a broker's license is not required. I have such an employee. She managed all our rentals. Now I also want to give her the HOA...
  13. M

    Small condo assosiation

    Sure. So, can the former owner (legally the "builder" of the condo association) continue to manage it against a fee? I believe not, as he is not an owner anymore and has no license. Can I have my assistant do it against a fee? I believe so, as she is my employee and I am an owner. (She does...
  14. M

    Small condo assosiation

    Completely separate buildings. Sharing a big parking lot.
  15. M

    Small condo assosiation

    Both are little office houses, about a mile away from me. Managing this would not be a problem. The other half is used by the owner for his office, ours is rented out.
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