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Mr. Lester Strait

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RE: Commercial Lease - Office Space

Posted By Lester Strait 07-25-2025 09:54 AM
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It is a contract that my realtor provides as a member of the Texas Association of Realtors. I see that it is copyrighted. I would think you could just reach out to a local realtor. ------------------------------ Lester Strait Grande Self Storage Grapevine TX (817) 481-5796 ----------------------- ...

RE: Commercial Lease - Office Space

Posted By Lester Strait 07-24-2025 06:52 PM
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I work with a realtor who handles my office leases. They are significantly different than a storage lease. ------------------------------ Lester Strait Grande Self Storage Grapevine TX (817) 481-5796 ------------------------------

RE: identify source for this latch please

Posted By Lester Strait 03-05-2025 09:04 AM
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I see it online at Allfrom1supply.com They have several versions under "repair parts for self storage mini-warehouse style roll-up doors". ------------------------------ Lester Strait Grande Self Storage Grapevine TX (817) 481-5796 ------------------------------

RE: Salary Expense for Corporations

Posted By Lester Strait 11-05-2024 04:54 PM
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With that additional information, I withdraw my thoughts and suggestions. ------------------------------ Lester Strait Grande Self Storage Grapevine TX (817) 481-5796 ------------------------------

RE: Salary Expense for Corporations

Posted By Lester Strait 11-05-2024 03:05 PM
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Often Self Storage can throw off some good tax deductions that would not be currently deductible on an 1120. Your thought may gain the deduction of an IRA, but you would also gain the income of a W-2 employee. This seems to be at first blush a wash. However, a W-2 employee and his employer would also ...

RE: Salary Expense for Corporations

Posted By Lester Strait 11-05-2024 12:33 PM
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Hi Paul, Even for tax experts that is a loaded question with no easy answer. The general tax related answer is "it depends". Your phrasing seems to indicate you prefer receiving wages. A common response is to find out what a person doing that job would be paid on the open market. You should know ...

RE: Security Camera Brand suggestions

Posted By Lester Strait 07-08-2024 08:44 PM
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I change to Tapo about a year ago. Activity is saved to the cloud and I can see the cameras on my phone from anywhere. It is very flexible and the night vision is much better than what I had before. You can either wire it or go wireless. I have both. Here's an Amazon link to the specific camera I'm using. ...

RE: UHaul Insurance Requiring a different LLC

Posted By Lester Strait 06-05-2024 06:46 PM
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I wonder if an attorney might see an advantage to separating the businesses for liability reasons or resale reasons. ------------------------------ Lester Strait Grande Self Storage Grapevine TX (817) 481-5796 ------------------------------

RE: Collections

Posted By Lester Strait 06-02-2023 02:43 PM
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Thomas Kent seems to follow my experience. Chasing bad money is not worth my time. Having them move out without an auction, lets me get the unit re-rented quickest. I make money by having rented units. ------------------------------ Lester Strait Grande Self Storage Grapevine TX (817) 481-5796 -- ...

RE: Three years' unpaid rent...

Posted By Lester Strait 07-15-2021 03:33 AM
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Ask yourself, what is your time worth. I have found the most important thing is getting them out and getting the unit rented. ------------------------------ Lester Strait Grande Self Storage Grapevine TX (817) 481-5796 ------------------------------

RE: Schedule C or Schedule E for taxes?

Posted By Lester Strait 04-15-2021 04:27 PM
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Hi Heather. Most individuals can report rental real estate income on Schedule E. There can be exceptions for certain situations such as those involving short term rentals of 7 days or less or where substantial services are also provided. ------------------------------ Lester Strait Grande Self Storage ...