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.
Tax, SDIRAs & Cost Segregation
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 about 5 years ago,

User Stats

10
Posts
3
Votes
Jesse Spaur
Pro Member
  • Rental Property Investor
  • Titusville, FL
3
Votes |
10
Posts

start LLC for first rental? Transfer of $$ to llc?

Jesse Spaur
Pro Member
  • Rental Property Investor
  • Titusville, FL
Posted

I have a few ?s regarding business entities and purchasing properties in the business name.

1. What type of business entity should I start for rentals ? Im guessing llc ? and why? 

2. How do I get a conventional 30 year loan or something similar from bank into business name to protect personal assets? 

3. I have 75k in personal savings account that I want to use to invest with, what is the best way to give that to new company without many headaches or what are some concerns when transferring the money ?

  • Jesse Spaur
  • Loading replies...