
28 August 2024 | 4 replies
There is a right way and a wrong way to do a LLC, 99% follow the herd on biggerpockets and think they are "protected" by doing this but all it seems like they are doing is throwing money away by making life harder for themJust my non legal 2 cents on this.

29 August 2024 | 5 replies
If you have a GC license and a phone, you can legally hire subs to work on houses.

27 August 2024 | 3 replies
Just make sure to talk to your accountant and legal team to verify that this approach is in the best interest of your particular situation.

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.

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

27 August 2024 | 11 replies
Maybe video the interior before and after work (not sure about the legality?)

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

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

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 | 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.