Joseph Coleman
Thoughts on using series 7 to qualify as an accredited investor?
Has anyone successfully used a series 7 in order to qualify as an accredited investor to invest in RE syndications? If so, can you share about your experience and any potential benefits or drawbacks? I have been consi...
Account Closed
Separate LLCs for brokerage and investment business
I have just completed my real estate broker course and am waiting to take the state exam. I already setup an LLC a couple of years ago to buy and flip properties. If I do set up my own real estate brokerage office as ...
Anurag D.
CA resident - Out of State Properties - Asset Protection
Hello,
..CA-based beginner investor with RE-investments in multiple states.
> Assumption: Currently break-even, future cash-flow. ;Keep properties for long duration.; ..Two member (Husband + Wife) partnersh...
Catherine Brennan
Seeking LLC advice and MI resource
We are buying an investment property in the Upper Peninsula (MI). We are located in Chicago, IL. And, we need to figure-out the best entity to purchase it under.
Our CPA recommended this:
The most efficient struc...
Jerry Alvey
LLC's and how to set up accounts
We have an LLC for each property we own so do you recommend we get DBAs for each or separate bank accounts?
Brett Loetz
All in the same LLC?
I have two rentals and right now I am about half way done with my 2nd brrrr house. The rentals are owned by my LLC just for them. I am wondering should I be operating a second LLC for the management side? I do a lot o...
Joseph Nigro
Should I form an LLC for each rental property I acquire?
Good idea? Where would you handle most expenses? Divide them out or under one specific Llc example.. Gas to drive to the property and lawn equipment to maintain the property along with other home office expenses.
Andy Wayne
Legal Status
Hi Everyone,
I just closed on my second property of the year. And I was wondering for the people with multiple rentals, how do you have them structures from a legal standpoint? Right now, the properties are just in m...
Ethan Hamilton
Cost of Series LLC in Houston, TX
I just purchased 2 Houston, TX properties and intend to place them in Series LLC's. I was informed by a recommended lawyer that I cannot quitclaim the deed, but that instead Special Warranty Deeds are used. He seeme...
Timothy Joseph
Big decision ahead, the name....
It's time to start a new LLC for my rental properties. I'm trying to come up with something funny, maybe a big pun. So far I have come up with pretty stupid stuff. My favorite so far is.....Wait for it....El El S...