
28 August 2024 | 4 replies
@Irene Gustaitis It’s best to keep your LLC in Connecticut (CT) since the property is located there, simplifying legal and tax obligations.Even if you get an LLC in CA, you need to register an LLC in California (CA) and will have to pay the $800 annual franchise tax without gaining significant tax benefits.

27 August 2024 | 10 replies
Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.

29 August 2024 | 38 replies
Thanks Steve, I hadn't heard about the legal issues.

27 August 2024 | 8 replies
THIS IS NOT LEGAL ADVICE.Highly recommend discussing with an attorney if you decide to pursue any of the above.

27 August 2024 | 15 replies
Yes, yes, I know, it's legal.

26 August 2024 | 23 replies
If we need clear definition I do think it will involve legal process which will be expensive and even more unnecessary.

27 August 2024 | 6 replies
Quote from @David Butler: I wouldn't endorse such a view, but some people see nothing wrong with it as long as they operate within the boundaries of what is legal.

26 August 2024 | 1 reply
To ensure I navigate these legal aspects correctly and make informed decisions, I’m looking for recommendations for a knowledgeable real estate lawyer or legal entity in the area.

26 August 2024 | 24 replies
No here is my non legal opinion.

28 August 2024 | 7 replies
If you're new to investing, this is crucial knowledge that could save you from legal issues down the line.