What manner of agreement(s) be made between the shopping arcade and a store contained by lingo of staying get underway?
I already asked this Question but want to get more answers.My step brother's business be about to close and the lease be set to end March 1st '08. He tell me now that he is not going to close his business 'motivation the mall made an grant he just could not go past. Keep in mind this precinct is very desperate and they have a lot of other stores gone contained by the past year. I'm curious to know what caring of "Deal" they offered him AND if you think the shopping precinct wants him to stay put, lately until they find someone to take over his space.
YOU are probably thinking why do you fastidiousness what kind of operate was made, but the common sense is I'd really like to know 'make happen I want him to come work for me but he wont now exact he's busy with his business. Any thinking?
And do you think this "agreement" is temporrary or do you cogitate he's going to stay put for a long, long time?
Answers: If he entered into another agreement, it is simply a contract for X amount of years. If he breaks that agreement, he is liable for the months he is not occupying that space even though he is no longer nearby. Example, he signs a 24 month contract at $2,000 per month, but leaves after 12 months, he will still owe $2,000 x 12 = $24,000 plus other legalities.
If he already made an agreement, he is probably bound by it.
My boss had a tenant surrounded by his strip mall that signed a 5 year contract for a Video Store to occupy the colossal space, the tenant closed up after 6 months and now owes my boss over $200,000 for breach of contract.
This travel case is now within court (which my boss has never lost one of these cases). If he can't settle up the Money, he can Garnish any of his wages, attach leins to any of his property, come after his tax returns or any other permissible way to acquire recourse.
Bought a house with neighbor, flipped it and sold it in 6 months.How do we file income tax?
Answers: schedule D for capital gains
Each of you file your own return, claiming the profits you each received in accordance with your agreement. it will probably be taxed as ordinary income, since you held it for less than 1 year.
How much is the average cost of a home where on earth you live?
I was curious going on for this. I've been watching adjectives those shows on HGTV like flip that house and adjectives the makeover and selling shows. It seems close to all these tiny little 3 bedroom 1 bathroom houses are selling for $400-500K when surrounded by my town, those same houses would be worth 70 or 80!! The people surrounded by that area can't possibly trade name THAT much more money than people surrounded by my area(I live in NW Pennsylvania). I would really resembling to move south someday, but I don't think I would ever know how to afford it! So...where do you live, and how much are the houses on average?Answers: Well where on earth I live a 3bd 1 bth house goes for $200-250K, but you drive an hour within either direction and like thing would travel for $300-400K. My husband and I just bought a 5 bedroom 2.5 tub home on half an acre for a moment ago over $300K. We live in the northwest nouns of the country.
The average home in Southern California is selling for 1/2 million. You stipulation a good assignment with 2 incomes to formulate loan payments on these houses.