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19 November 2024 | 9 replies
California does not recognize series LLCs.
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15 November 2024 | 13 replies
In your case, it could make sense to setup a series LLC to isolate each property.
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21 November 2024 | 39 replies
Some of the simpler asset protection solutions would include the following: having max funds allowed in qualified retirement plan or IRA rather than personal as retirement plans are exempt assets in Federal and most state bankruptcies; investing through an annuity if your state (Florida and Texas for example) exempts insurance policies and defines annuities as an insurance policy; taking advantage of maximum homestead exemption in your state; use of corporations or more popular LLC or Series LLC to limit liability to the entity holding the asset; reasonable liability insurance if available; separating asset ownership from asset management; etc.I can design a simple, cost effective asset protection strategy of up to about $5million with little cost IF the individual resides in Texas or Florida.
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5 November 2024 | 4 replies
Now we might want a series LLC
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6 November 2024 | 3 replies
I received incredible advice on my last post and completed a series of case studies in the SF Bay Area.I wanted to dive deeper into the community's recent experiences about renovation items with stronger ROIs and appeal to end buyers.
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4 November 2024 | 21 replies
Did you need to find sponsorship for your series 7?
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21 November 2024 | 305 replies
You might want to look into Series LLC, one tax return, one bank account, even with multiple "child" LLC's
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6 November 2024 | 5 replies
You do not need a separate LLC for each property or a series LLC!
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9 November 2024 | 21 replies
Ok so the next update on the 1522 Latham 38106 project.After a series of storms rolled through the area, the grass was not cut in a timely fashion.
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6 November 2024 | 5 replies
You do not need a separate LLC for each property or a series LLC!