Thermal Nuclear Penguin

Development Consultant, Housing Advisor and Helped develop 1,000s of Social Renters and Private Developments. Unfortunately also did my Dissertation on Tenure.

[Thermal Nuclear Penguin @anukewithouttac]

@but_cyclists @NealOKelly Obviously the bike isn't defined in that or else you'd be paying tax. 😂. I think what they are saying is amend the law to include them. Just like the recent EVED.

[Thermal Nuclear Penguin @anukewithouttac]

@Norm_Al_man @AaronBastani Feel that strongly about it you can always take yourself out and relieve the pressure.

[Thermal Nuclear Penguin @anukewithouttac]

@EmmaSzewczak @BareLeft They are selling it off because they are wanting to get the developer to build a load of new sports facilities

https://t.co/1yZGdXFjch

[Thermal Nuclear Penguin @anukewithouttac]

3 reasons:
1) they have increased the cost of employment so much that labour costs have made sites unviable to build.
2) they've increased the regulatory costs so much this makes it even less viable.
3) they added the correct legislation and targets however the changes will not take affect until LAs conduct a new LDP review - could be 5-10 years. So they needed to enforce LDP reviews annually.

[Thermal Nuclear Penguin @anukewithouttac]

@rpmpa @Apolloknius @jackvlloyd So it's not impossible @Apolloknius just a bit of effort involved

[Thermal Nuclear Penguin @anukewithouttac]

Interesting idea, but it's highly prone to interest-group capture. Large organised sectors (nurses, teachers unions etc.) would simply collude and forever redirect their taxes into their own areas, while smaller groups like police get outnumbered and starved.

There's something that's not far away from this but works slightly more fairly and avoids the above issue. Direct democracy, basically you vote on polices personally and it's fully explained how it's funded. E.g. increase military funding by £x but we reduce NHS funding by £y to pay for it. You could even vote on getting involved in conflicts.

This gives you a direct say but controls it to key decisions and basically it's yes or no.

They do something like this in Switzerland https://t.co/l8nOEqMcZR

[Thermal Nuclear Penguin @anukewithouttac]

I have indeed. So you are pitching for investment then; take the money as a convertible note. Meaning it's on the balance sheet as a loan to the partnership first- earning interest then when you start to grow you'll want to change to a LLC then anyway and this loan converts to shares on change. You'll have some money behind you then to pay an expert to sort everything for you. The convertible note will have you and your partner as personal guarantors for the loan.

First part very low cost and avoids the securities regs. Albeit you are more exposed to the debt in exchange.

It's actually not much more effort to do this straight as an LLC. Don't right off yourself before even trying.

[Thermal Nuclear Penguin @anukewithouttac]

@Apolloknius @rpmpa @jackvlloyd If this is a lot of work, then maybe those CEOs who have to comply with more regulations aren't just sat on their backside raking cash in.

[Thermal Nuclear Penguin @anukewithouttac]

You write up a partnership agreement (chat gpt)
Register with the tax man
Open bank account.
Start trading and keep accounts up to date

That's what you have to do other than any extra insurances/licenses/accreditation which could be all or none depending on the business.

If you haven't got the get up and go to do this maybe running a business isn't for you.

[Thermal Nuclear Penguin @anukewithouttac]

This is very incorrect.

It's a public right of way and it's a criminal offence that you can get huge fines and even a custodial sentence.

All the footpaths are registered as well so there's a record of what is legally a right of way so that can't block off and act like it's never been there.

https://t.co/h0FfnVIvvj

[Thermal Nuclear Penguin @anukewithouttac]

With all this talk of government on the ropes and potentially a change of guard; it's actually got me worried. As politicians do knee jerk extreme policy introductions to try and win back some support as a last ditch effort to save their skin. These types of proposals always go south

[Thermal Nuclear Penguin @anukewithouttac]

@TallPhilosopher @ChrisMartzWX They do it's called taxation

[LibertarianPartyUK @LibertariansUK]

The government promised change, and to be fair that's all we've got left in our pockets.

[Thermal Nuclear Penguin @anukewithouttac]

@Apolloknius @rpmpa @jackvlloyd You can just set up as general partnership for now on start up no cost

If things go well you should register as an LLC which is isn't expensive.

You don't need a listed corporation.

[Thermal Nuclear Penguin @anukewithouttac]

@disheartened_gy @GJMarshy Councils have the most developable land in their ownership. Plus they are sat on about £9.6bn of unspent contributions that should be allocated for just this reason. They just don't do it for some reason

[Thermal Nuclear Penguin @anukewithouttac]

@jbarro This site had a positive EIA report last year and it's also adopted in the current local development plan. So I suspect there will be a planning application submitted in the next 12 months once they've done the site investigations

https://t.co/DefF7PN3PT

[Thermal Nuclear Penguin @anukewithouttac]

@GibraltarMinkey @jbarro The site has been categorised as grade 3b so it's the worst rated agricultural land

https://t.co/DefF7PN3PT

[Thermal Nuclear Penguin @anukewithouttac]

Oh yeah there's no chance the OPs idea will work. They'd have to CPO everything first, even then whether it's going to break even with the cost to do is questionable.

Chimney pot park were a lot of vacant derelict houses to start with, there were only a few CPOs required. Doing that an a fully occupied street is going to be incredibly difficult. Even more impossible if they try to use a LDO to compulsory purchase, that'll be impossible

[Thermal Nuclear Penguin @anukewithouttac]

@stellastafford @HotelsHomeless @tomhfh 😂 expert as always.

On a portal it's the asking price that's listed isn't it not the sold price?

Forgive me for sounding crazy but the sold price is the market value not the asking?

[Thermal Nuclear Penguin @anukewithouttac]

@vxrnel @disheartened_gy @GJMarshy Local development orders don't cover this if you want it all doing in one go like this. And you can't force owners to do these changes under a local development order.