📄 Extracted Text (537 words)
To: Eileen Alexanderson
From: jeffrey E.
Sent Tue 6/24/2014 12:01:51 PM
Subject: Re: Question
yes
On Tue, Jun 24, 2014 at 7:59 AM, Eileen Alexanderson e > wrote:
Thanks. An question re use of separate tax id for the townhouse LLC-yes?
From: jeffrey E. [mailto:jeevacation®gmail.com]
Sent: Tuesday, June 24, 2014 7:52 AM
To: Eileen Alexanderson
Subject: Re: Question
new Ilc sepereate one for cars
On Tue, Jun 24, 2014 at 7:25 AM, Eileen Alexanderson e > wrote:
Historically, the house couple that works for Leon and Debra at have lived in
the coop apt on eat Leon's Mom owned. That apartment is coming to Leon as part
of her estate but the couple can no longer live there due to coop rules and apt will soon be
listed for sale. Debra, working with a RE friend, has found another apt which is a condo to
rent for the couple. Apt will be paid for by Leon and Debra. Question for you as I proceed to
get a lease signed: I do not want lease in the couples name b/c they will not make income
check needed w/o guaranty and if they don't work out we will need the apt for their
replacement. should we form a new LLC for this purpose? So far sounds like apt owner is ok
with an LLC as party on lease and will take 2 or 3 months security rather than require a
guaranty. Separately we spoke about an LLC for the cars. Could potentially use the LLC for
both? Our existing LLCs that own property are pretty much all Trust owned. Leon's art arc
related. We formed a new LLC for the townhouse purchase(owned by the APO Trust). We
could consider using that LLC since the couple are caretakers for that property but Leon and
Debra arc supposed to fund normal operating expenses while they live in the house so I
would think we would put the lease in the name of that LLC and the fund monthly rent from
house account. Need to decide this morn so we do not lose this apt. Please advise. Thanks.
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EFTA_R1_00357257
EFTA01917168
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The information contained in this communication is
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constitute inside information, and is intended only for
the use of the addressee. It is the property of
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Unauthorized use, disclosure or copying of this
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ℹ️ Document Details
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EFTA01917168
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