Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 1 day ago,

User Stats

87
Posts
26
Votes
Zach Howard
  • New to Real Estate
  • Hong Kong
26
Votes |
87
Posts

LLC - many questions, please help!

Zach Howard
  • New to Real Estate
  • Hong Kong
Posted

I think it's probably better to hold real estate in an LLC than in my personal name. Reason being is that I'm not a US citizen and I do not live in the US.

I have so many questions though.

1) Can anyone tell me more about series LLC and whether it's necessary to hold each property in a separate LLC

2) What are your thoughts on a trust, rather than an LLC - advantages, disadvantages etc?

3) Any specific states you recommend to set up any of these (Not sure where I'll be purchasing property yet, maybe Detroit, maybe Cleavland, maybe Augusta, maybe Des Moines, maybe Saint Cloud, maybe Memphis...)

4) I already have a LLC based in Hong Kong (We call them limited companies, but the principle is the same). Can I use this to purchase and hold US-based real estate?

Any other advice, or pieces that you think I'm missing - I'd be grateful for any and all wisdom that is shared with me. 

Thanks. 

Loading replies...