Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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#17
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Keyboard practice? Boredom? Fun? lol |
#18
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There is no way to stop them. Corporations are buying houses all over America, outbidding individual buyers. Part of the reason why buyers cant find houses. In the future many people will be permanent renters of these corporate homes.
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#19
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Have you explored these ramifications?
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Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence. John Adams |
#20
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Even a child can OWN in an age restricted community. The restrictions are on residents.
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Real Name: Steven Massy Arrived at TV through Greenwood, IN; Moss Beach, CA; La Grange, KY; Crystal River, FL; The Villages, FL |
#21
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With high inflation and higher interest rates younger people cannot afford homes. They still need shelter. Corporations are cashing in on this and will turn the next generation into a generation of home renters instead of home owners.....Welcome to the new America!! |
#22
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#23
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To get under someone's skin??? (it appears to be working)
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#24
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#26
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Might the LLC information be available when Open Corporates dot com, with no spaces, is searched? |
#27
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Does an LLC get a homestead exemption? since it is not our primary residence and we are not FL residents. . i think not. would help though with the average increase in taxes as it is double the rate of the homestead. . . Does an LLC get the profit exclusion on the sale of the home? not sure of the reference to "the profit exclusion". Are you referencing the home owner first 250K type gain on sale? I would think not, but not a bridge to cross unless a sale. Does a tax return need to be filed? Need to be filed? dunno, but I would think so. We file an a partnership return every year as an LLC. I hope this answers the CPA quiz. . |
#28
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Under the corporate transparency act most small llc’s and corporations have to file a beneficial ownership information report to the financial crimes unit Of the us treasury by Jan 1 2025. If new LLC or corp within 90 days of filing. $400 penalty per day
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Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence. John Adams |
#30
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Bad news. Homesteading only applies to a natural person(s). From what i’m reading llc’s don’t qualify. Llc’s don’t typically quality for the profit exclusion on a primary residence. I would recommend to my clients they put their home into a living trust and get an umbrella policy
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Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence. John Adams |
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