
15 August 2024 | 6 replies
It sounded like it can be easy to "pierce the vail" of an LLC for a personal injury lawyer to go after personal assets (they sue the LLC and then they sue you).

15 August 2024 | 21 replies
None of this speaks well for owning property in an IRA.While trying to find related examples, I found another argument I would have certainly lost regarding accounting for a checkbook controlled IRA LLC: “Providing un-tracked accounting services for your own IRA LLC can result in a both an excess contribution and a prohibited transaction.”http://www.prweb.com/releases/2011/02/prweb4300264.htmAccording to the article, “Although there are some exemptions for services provided to a retirement investment plan, they do not extend to services provided to entities owned by the plan.”I guess you guys are right.

19 August 2024 | 244 replies
See "Should I start an LLC?"

15 August 2024 | 13 replies
I have a checking account and a credit card under my LLC.

15 August 2024 | 23 replies
I am in a similar position of wanting to cashout refi a sub2; title is in an LLC but I actually have been living here for 12 months now and as far as making payments, the LLC has been paying the mortgage since 2016.

15 August 2024 | 6 replies
Hey James, I would start by getting that LTR into an LLC and for all future properties, just having an LLC and insurance.

15 August 2024 | 29 replies
I have 2 in Oklahoma but keep being told they have to be in my name and not my LLC.

15 August 2024 | 4 replies
My partner and I just started, created the LLC, got all the documents, and have begun introductions with lenders across the market.

15 August 2024 | 8 replies
Hey Brad,One of the ways I've done it in the past is to go to the MLS, find recently sold flips and reach out to the agents/LLC's to see if they're actively looking for more projects.