‘premise’ Tagged Posts

Why would commericial landlords not want to rent properties?

Can you think of a reason a commercial property owner would rather keep a unit vacant than accept reduced rent? I am currently in the market for a ne...

 

Can you think of a reason a commercial property owner would rather keep a unit vacant than accept reduced rent?
I am currently in the market for a new commercial lease. Since the leasing market is bad, I was hoping to get a bigger place than we need but for affordable money (For example: I pay 00 a month, for a place that rented for 00 3 years ago). My premise was some money is better than no money. The lease would be month-to-month and they can show the location to others while I’m in it. If they find a tenant who will pay more rent they can kick me out. My business is not "dirty" and the location would be move in ready the day I moved out.

I did not find locations that were interested in this = can you think why? Remember, lost rent is not a tax deduction.
One place was vacant for 15 months (that’s ,000 they have lost)
Another place had 4 out of 5 units vacant for 6 months (each month they are losing 00)

I’m in Los Angeles County. I have income to easily support this rent and a FICO score of 800.
To clarify these are small spaces 1200-2000sf. They do not require any build out. The standard lease in my area for these is 12 months.

I would be willing to do the lease. It’s to the landlords benefit not to.

Company direction: NPO or profit-based (LLC/Inc/Uninc), for a start-up would-be music producer? (see ext desc)

 

Premise of company: To provide opportunity of professional representation for musicians, irregardless of financial status, primarily targetting low-budget talent.

Consideration for NPO: Would the extra startup work and iability to gain profit be worth the added benefits provided to the appropriate NPO, such as tax exemptions/deductions, encourage support from organizations that would otherwise be competition, attract promotional/charitable attention, greater potential for grant/loan funding.

Reasons for considering profit-based Corp: easier initial startup and maintenance, less red tape and politics in regards to spending/promoting/expanding, ability to develope into large-scale profitable business.

I am interested in any constructive input. I have done quite a bit of research into the formation process for NPO, but not Corp status. Also, I’d be interested in hearing pros and cons for Inc, Uninc, or LLC status if you advocate that route. Thank you.

Why would a small business file an individual tax return?

 

The premise of my question is based on some politicians’ suggestion that all business owners will file tax returns as individuals, thereby losing all their rightful deductions in order to not be taxed as a business because the exemption for tax increases is income under 0K?

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