Sarah T.
Confused about licensing and flipping (TX)
31 August 2015 | 13 replies
*****Also, this goes against what I read from you and pretty much all the info on the BP blog posts I scoured, but our accountant insisted I form a C Corp for flipping and a separate sub LLC under its umbrella for my RE commissions.
Account Closed
Getting into Commercial RE
7 September 2022 | 19 replies
@Chris Doloriert there is a wide variety of different asset types under the commercial umbrella.
Andrew Emery
Student Loans and Real Estate
18 July 2012 | 26 replies
Speaking of Insurance … Get some sort of umbrella liability insurance as well.
Kimar Abdul-Samad
UNABLE TO LLC
2 September 2015 | 11 replies
That aside, I would look into getting an umbrella policy.
David Roberts
Forming LLC to govern the rest of LLCs
26 February 2015 | 44 replies
With the $ you would be paying your CPA to manage the books on these multiple llc's , you might as well just buy a $10MM Umbrella and never have to worry about getting touched by a suit.
Ryan Cleary
Starting Florida LLC
22 November 2021 | 1 reply
Third, could arguably be a broader umbrella policy for liability coverage.
Jean Paul Rousseau
Do I need one LCC per house?
1 February 2018 | 7 replies
Creating multiple LLC's limits what is exposed in the case you get sued.You may want to also incorporate an umbrella insurance policy in addition to the LLC's for your asset protection strategies.You do need a separate bank account for each LLC.
Reinhard Kurzen
Personal Umbrella Policy and an Apartment in an LLC?
20 November 2019 | 3 replies
I have all of my other 6 units insured separately but also added to a personal umbrella policy.
Andrea Kugelman
Multiple LLCs vs LLC and land trusts
8 July 2014 | 6 replies
I am getting myself an umbrella policy and that should cover myself and my properties, but what will I need for the property management company?