By Jeffery S. Watson This is the seventh in a series of emails discussing eight bad "D"s to consider when drafting an operating agreement for an LLC. 7. DEBT Too much debt will cripple or kill a company. An LLC operating agreement needs to contain clear language, which is agreed to in advance by all members, as to how much debt the LLC will...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Kamala Harris Says She’s Ready To Take On Landlords At a recent speech in Atlanta, GA, Vice President Kamala Harris made it clear that she’s interested in continuing many of the Biden Administration’s...
By Brad Beckett The Visual Capitalist reminds us that a state's tax burden measures the percent of an average person’s income that is paid towards state & local taxes. It considers property taxes, income taxes, and sales & excise tax. Today's graphic visualizes the total tax burden by U.S. state.....Watch your wallet, stay safe, and have a Happy Friday!!!
By Jeffery S. Watson This is the sixth in a series of emails discussing eight bad "D"s to consider when drafting an operating agreement for an LLC. 6. DRUGS When I use the word “drugs”, I’m referring to anything of an addictive nature, such as prescription or nonprescription drugs and alcohol. It can include any addictive behavior that is detrimental to the person or...
WEEK 4: Together We Are Stronger: Building a Collective Voice for Property Rights Now is the time to give you an introduction to advocacy and engagement strategies. In this issue we are going to talk about the importance of collective action and how you can leverage your community to influence legislative outcomes. We will touch on two things: Advocacy-Step by Step Getting Others Involved Advocacy-Step...
By Jeffery S. Watson This is the fifth in a series of emails discussing eight bad "D"s to consider when drafting an operating agreement for an LLC. 5. DISINTEREST I have been involved in more than one LLC in which one of the member-owners became disinterested with the day-to-day operations of the LLC once they realized the LLC was not going to be...
Your weekly news & updates Here is this week's "Weekly Roundup" from Real Estate Investing Today, the news & views site from the National Real Estate Investors Association. Visit our Website Existing Home Sales Drop 5.4% in June The National Association of Realtors is reporting that existing home sales were down 5.4% in June to a seasonally-adjusted annual rate of 3.89 million - and...
By Jeffery S. Watson This is the fourth in a series of emails discussing eight bad "D"s to consider when drafting an operating agreement for an LLC. 4. DISABILITY The reality is that none of us is getting younger, and with age comes the likelihood of more health problems. Given the uncertainties of life and a myriad of things that could result in some...
By Brad Beckett Are you investing in the commercial space? Data recently analyzed by Statista says the increasing acceptance of hybrid or fully remote work in a variety of industries coupled with many companies applying cost-cutting measures after pandemic growth spurts has led to a jump in vacant office space in the U.S. In fact, data from Moody's for Q2 2024...
By Jeffery S. Watson This is the third in a series of emails discussing eight bad "D"s to consider when drafting an operating agreement for an LLC. 3. DIVORCE Given the prevalence of divorce, particularly among individuals who are in the entrepreneurial space, it is a reality that you need to consider when drafting an operating agreement for an LLC. Public policy has pretty...