Monica Chan
Pros and Cons of a LLC vs umbrella insurance for rental property
21 July 2018 | 10 replies
Check out "piercing the corporate veil" and you will quickly see why the Umbrella policy is preferred for small to medium size landlords.
Clint S.
Success With First SFH Rental! But Please Don't Fish In My Hole!
28 July 2018 | 24 replies
Llc shield is pierced.
James W.
Land Contract situation. Creative business deal :)
29 August 2015 | 27 replies
The tax benefit in this case will be short lived, not much paid to principal in 5 years, the seller just prolongs the agony.
Jacinta A.
Wholesalers and Agents/Brokers/Investors working together
11 November 2017 | 1 reply
I am a wholesaler based out of Pierce County, Washington (state) and was curious.I am aware that agents can help with comps, but what else?
Brad Pierce
I need some direction on Setting up an LLC
5 January 2019 | 9 replies
@Brad Pierce if you do set up an llc, definitely set it up in Georgia.
Micah Pierce
Can I use my credit card for a down payment ?
25 May 2019 | 5 replies
@Micah Pierce welcome to BP!
Shadi Ayyoubi
DC Mixed Use / Airbnb
20 April 2022 | 16 replies
Quote from @Justin Pierce: Shadi,If you live in the property and are present while the renters are there then you can get a license and rent the place unlimited.
Anna Sam
What is a good rule to decide if I should form a new entity for a new property purchase?
10 March 2014 | 7 replies
I agree with having separate entities for significant holdings of the same asset class, it is not done as an asset protection ploy but addresses business functions and management.We have addressed this topic several times, attorneys have posted as to the fog of asset protection being a poor reason to form an LLC, the corporate veil is easily pierced especially single member or closely held mom and pops.
Henry R.
Advise on Grumpy owner Turned down Cash offer
13 March 2014 | 11 replies
Go have a look before going through all this decision agony!
Dana Leviel