New Facebook Rules Will Sting Entrepreneurs – Wall St Journal
Small-business owners will soon get less benefit from the unpaid marketing pitches they post on Facebook. That’s because, as of mid-January, the social network will intensify its efforts to filter out unpaid promotional material in user news feeds that businesses have posted as status updates. The change will make it more difficult for entrepreneurs to […]
Is Your Garage Or Shop Adequately Insured?
Do you have an old shed on your premises? Did you just put up a new 30’x 40’ storage garage? Are you operating a new business out of your garage? Do you board someone’s horses in an outbuilding on your premises? And most importantly, do you know if your homeowner’s insurance provides coverage for these […]
In Washington, A “Land Trust” Is Not An Entity That Can Legally Hold Title To Real Estate
In Washington, a “Land Trust” is not an entity that can legally hold title to real property. Washington does have a business trust entity, but it must be created pursuant to statute and authorized by the Washington Secretary of State. That is not the land trust that is typically advertised on the internet. “Land Trusts” […]
Fannie, Freddie Give Some Relief to Foreclosed Homeowners – WSJ
Mortgage-finance giants Fannie Mae and Freddie Mac will allow homeowners who have been foreclosed upon to repurchase their homes at market value even if they owe more, reversing a policy that prohibited such transactions. “This is a targeted, but important policy change that should help reduce property vacancies and stabilize home values and neighborhoods,” said Mr. Watt, the chief […]
Washington Secretary of State Scam Alert
I have received a number of calls from my business clients about an “official looking” letter from an organization claiming that the individual or business needed to use the services of that organization for purposes of filing annual minutes with the Washington Secretary of State. Please note that this is not an organization affiliated with […]
Historical Home Flipping Profits and Activity – CityLab
Can You Afford to Flip a House? Now Is the Time Due to an enduring credit crunch, house-flipping has reached its lowest level in 5 years—but the practice is more profitable than ever. KRISTON CAPPS @kristoncapps Nov 20, 2014 By one measure, the housing market is finally back to normal. The practice of flipping—whenever a […]
How to Keep an Inheritance From Going to a Spouse During Divorce – WSJ
How to Keep Your Inheritance in a Divorce Strategies Include Saving Documentation and Maintaining Separate Accounts MATTHEW HOLLISTER By NEIL PARMAR Nov. 9, 2014 4:45 p.m. ET For the happily wed, marriage is often about sharing everything—including generous gifts bestowed by parents or grandparents. But when a relationship ends in divorce, that perspective can change […]
A Guide to Picking the Right Trust – WSJ
By ERIN MCCARTHY Updated Nov. 9, 2014 4:46 p.m. ET For many investors, trusts are an ideal way to keep portfolios safer for the long term. The hard part is knowing what kind of trusts to set up and how to do it. Trusts can protect assets from taxes and legal threats, and provide income […]
LIMIT YOUR LIABILITY BY UTILIZING AN OPERATING COMPANY – PROPERTY COMPANY (OPCO PROPCO)
An Operating Company – Property Company deal (“Opco Propco”) is a strategy is which a company is divided into at least two parts: a Property Company that owns all of the real estate and assets associated with generating revenues, and an Operating Company that uses those assets to generate sales. How it works / Example: […]
How to Check Your Financial Advisor’s Background – WSJ
Troubled brokers often cluster in communities with lots of elderly investors, a Wall Street Journal investigation of these ‘hot spots’ found.But bad apples can be found anywhere, making it important for investors across the country to check out any financial adviser they are thinking of hiring. The Financial Industry Regulatory Authority, the self-regulator for the […]