Desiree Board
Sole proprietor, LLC or Corporation?
22 January 2025 | 3 replies
@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.
Donald Hatter
Creating an LLC (to do or not do)
27 January 2025 | 1 reply
Since agency loans don't allow you to put the loan in an LLC, ask your wife this.
Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
I just wanted to see if I could be directed as to how I can get an LLC for my first rental.
Lauren Ruppert
Can an LLC (sole proprietor) sell a property to an LLC belonging to a son/daughter?
22 January 2025 | 5 replies
@Lauren Ruppert Yes, an LLC can sell a property to your child’s LLC, ideally at fair market value (FMV) to avoid gift tax complications.
Jason Lopez
Do I need an LLC for my rentals?
23 January 2025 | 8 replies
Forming an LLC for your rental property can offer liability protection, but no real tax benefit.
Jake Faris
LLC creation: any gotchas for this joint venture?
27 January 2025 | 1 reply
You have two unrelated questions here.Question 1My impressions of your LLC setup is that having the ownership change over time is too complex with the potential for misunderstanding.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
You'll probably want to quitclaim it into the LLC.
Adam Hardy
Putting rental under LLC
15 January 2025 | 1 reply
Why not take his name off the LLC and put it in your name now while the LLC has $0 of value (or whatever nominal amount your articles of organization or operating agreement say that you contributed)?
John Friendas
LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
Other members of the LLC are not required to sign as PG.This does not show up on credit, and if the LLC is the borrower and property is owned by the LLC, you do not have to disclose this property on a new mortgage application.
Tyler Perroux
What are strange LLC names that own property
23 January 2025 | 1 reply
Go to your secretary of state to look up the LLC.