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14 February 2020 | 4 replies
It gives you $1,000 a month income which should cover your costs of maintenance and management.This is one way to stay involved and protect the purchase opportunity.
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15 February 2020 | 3 replies
This is to protect them in case the market fluctuates among other reasons.
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14 February 2020 | 3 replies
Depending on how your taxes are set up, a CPA could recommend forming an LLC or an S-Corp (from a legal standpoint, they offer identical protection, but could offer differing benefits from a tax standpoint).
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17 February 2020 | 41 replies
If Airbnb is more concerned with me protecting my business than they are with the 5 properties doing over $600k in annual business with them, I can live without them.
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24 March 2020 | 8 replies
Thanks for reading and Thank you Bigger Pockets for kicking me in gear.
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26 February 2020 | 12 replies
Talk to an asset protection attorney in your state to learn more about why.
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14 February 2020 | 0 replies
If you don't have an LLC set up and are using an umbrella policy to protect yourself from liability do you want a policy limit greater than or equal to the amount of equity you have in your properties or greater than or equal to the property values?
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14 February 2020 | 12 replies
-Recommend the receptacles in the kitchen, bathrooms, and exterior are GFCI protected.
15 February 2020 | 3 replies
They're geared for where I live.
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16 February 2020 | 11 replies
I am going to guess you are doing this for more not less control of your life so maintaining control of your cash would be essential for growth and protection against unforeseen conditions.