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Results (10,000+)
Trent Mettenbrink My accountant says I need a separate LLC for every rental property...
12 November 2015 | 30 replies
You would have lost property A and the LLC would have gone insolvent, but that would've been the end of it.The entire point of the LLC is to shield assets; i.e you want to protect property B from judgements against property A, and visa versa.Of course you could just decide that you only care about protecting your PERSONAL assets, the scenario could be that property A and property B are only worth 50K each (whether encumbered by debt (*I'm not entirely certain but pretty sure even if property gets liquidated to pay a judgement, mortgage holder has priority to be repaid?)
Adam Harward Need help with strategy buying from older Sellers
24 April 2017 | 16 replies
The NNN lease holder would then make a monthly lease payment to the owner.1.
Alexa S. Renting to voucher recipients in DC - experience?
18 September 2016 | 5 replies
It was interesting how she worded it as "do you consider voucher holders?"
Kumar Je ALE Solutions temporary housing
29 April 2020 | 4 replies
FYI, they mostly contract temporary housing for insurance companies’ policy holders when their home is not liveable after an insurance loss.Good luck!
Kevin Phu Install Ductless Mini Split AC?
28 December 2019 | 19 replies
I put these in my rentals and I only give them ONE remote and it has a holder mounted on the wall. 
Wendy Smith Piercing the Corporate Veil
11 April 2016 | 28 replies
The purpose of an entity is to protect the share holders, if Apple will go belly up right now, you don't see anyone going after shareholders.
Bryan Rodriguez Due On Sale Clause: Myth or Fact?
14 February 2014 | 40 replies
There is no real issue ast o notes sold, it's generally about how astute the servicer is, not the ultimate holder of the note.
Alfred Bell Does anyone use a Checkbook IRA LLC?
16 December 2023 | 82 replies
@John R.As the IRA account holder and manager of the LLC, you can do some of the administrative filings required for the renewal of the LLC.  
Candace McCutcheon Cash or Accrual Accounting?
5 May 2009 | 14 replies
The PM, acting as your agent, is only a holder of your funds, and they should be in the PM's trust account.