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12 February 2025 | 4 replies
Then I had to open an LLC for some other investments.
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14 February 2025 | 1 reply
I’ve got a TN LLC that I registered as a Series LLC (with series language in the Op Agreement).
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14 February 2025 | 10 replies
Outside of having the LLC you'll need separate book & bank account for the LLC to operate it separately.
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10 February 2025 | 8 replies
If we want to do cash out refinancing, custodian of the SDIRA LLc will have to make the call?
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12 February 2025 | 4 replies
This is my personal opinion, which probably won't be popular.If you are worried about the cost of hiring an attorney to create a proper operating agreement for your LLC, you probably don't need an LLC, and if you choose to use an online site to create an LLC, you probably get the protection you paid for.
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12 February 2025 | 4 replies
Quote from @Brittany Kelly: Quickest way to put single family home rental into LLC.
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9 February 2025 | 8 replies
@Phil Petite Forming an LLC in Tennessee is recommended if your rental properties are located there, as it simplifies legal compliance, avoids the need to register as a foreign LLC, and aligns the LLC with Tennessee's laws for property management and tenant disputes.
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3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.
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13 February 2025 | 7 replies
You will be personally sued along with your LLC.
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8 February 2025 | 0 replies
I'm the member and manager of Skeeters Residential Renovation Services LLC