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4 February 2025 | 10 replies
For structuring your business, consider whether you actually need an LLC or if umbrella insurance might be a simpler alternative.
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13 February 2025 | 3 replies
Mark, since you're an inexperienced investor, I would be very cautious about borrowing against the roof over your head.
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8 February 2025 | 0 replies
I'm the member and manager of Skeeters Residential Renovation Services LLC
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29 January 2025 | 4 replies
That makes your bookkeeping easier, and it can also provide liability protection if you hold title in an LLC.
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29 January 2025 | 9 replies
Quote from @Kwanza Price: Thanks Chelsea for your reply.I mostly wanted to understand what the experience was like and if you have any advice for setting up an LLC/IRA?
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14 February 2025 | 24 replies
Private lenders, like who I work with, prefer to lend to properties held under an LLC.
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20 February 2025 | 4 replies
Either way, your father-in-law’s position is protected.The investment property should be held in either a land trust with an LLC as the beneficiary, or directly under an LLC.
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21 February 2025 | 2 replies
Downside is setting the “ sale” price such that the original investors get fair value and NewCo investors aren’t getting a bad deal.
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26 February 2025 | 10 replies
LLC Partnership Tax FilingFor an LLC partnership:- The LLC itself doesn’t pay federal income tax.
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10 February 2025 | 10 replies
Besides Zillow and similar websites, where should I look for leads?