Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Personal Finance
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 almost 6 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Chris McPherson
  • Western Maryland
0
Votes |
4
Posts

Books and other resources to answer every LLC question ever

Chris McPherson
  • Western Maryland
Posted

Hello all,

I am new to the site and new to the mindset of real estate investing. I just finished reading Rich Dad Poor Dad and I honestly feel like this is the direction I've been looking for. Because I am just starting my learning I have 100 questions about each new thing I learn.

I am now fixated, due 100% to Rich Dad, on LLC's. How to start one is easy to Google but it's the details I'm looking for. What is my personal roll within the LLC? How to I pay myself to profit most from the tax benefits? Who should I hire, work, or network with to ensure I'm writing off the right things? How do I fund the startup of my LLC?

These are off the top of my head as I lay in bed typing but each answer gets me more questions. Since finding Bigger Pockets I have had the most exciting and frustrating 3 weeks of my life. I am excited to see a path in my mind to financial independence and security for my kids. I am frustrated that I can't dive into this more than I have due to my current financial obligations and a job that I love (and will love until I leave to continue my investments).

Now that I've said too much, please understand my question. I am not looking for the answers to the questions above, I am looking for resources. I am working my way through podcasts, webinars, forums, and anything else I can get my hands on but I am looking for books to tell me everything I need to know and more about LLC's.

I have started my journey by liquidating $5,000 and putting myself on a plan to clear my current financial liabilities and start feeding my asset collum. Now I need to start planning my life as an investor.

Thank you so much for taking the time to read this. Your knowledge, experience, guidance, and support will be greatly cherished.

Loading replies...