Vincent C.
Sole Proprietorship vs LLC while owning out-of-state rentals
I'm a California resident but own a rental property in PA, and looking to get another one in PA or out-of-state. Are there any major differences in doing a sole proprietorship vs an LLC; are there major advantages usi...
Philip Johnson
How to structure my LLC
Hi,I have numerous rentals and rehab them as an owner /builder and do a lot of the work myself but also hire out some of the work. To protect myself I am thinking about making an LLC only for operating the rehabs and ...
Marc M.
Looking for a lending advice for primary residence/house hack
Hey BP,I'm in a little bit of a pickle and could use some advice. I have been searching for months for a primary residence for myself, which has turned out to be a challenge due to the competitive market I'm in (Wash...
Jack B.
Critique my asset protection for my rentals
Looking for people in the know (lot's of bad info on forums and blogs). The threat:-Lawsuits-Natural disasters, etc.The portfolio and what I'm doing now:-I have a few single family homes as rentals. -The rentals are l...
Keong Kam
CA Resident owning OOS income properties-How to structure entity?
Hello! A question for fellow BP investors!I am a CA resident and trying to create an LLC to protect my assets in Missouri. My CPA says I need to create a CA LLC and then register in MO, then transfer MO properties int...
Jean Soo
COVID Housing Stability Act - CANCEL EVICTIONS?
Hi guys. I just wanted to share the proposal for the housing stability act for MA and it is quite frightening to me. I personally see this as beneficial more towards the tenants rather than landlords as expected from ...
Elio Mariani
Converting primary residence into rental property
Thank you for BiggerPockets. This is a wonderful forum.
I am taking a job out of state and will purchase a new primary residence with an owner-occupied loan. I am considering turning my current residence into rental...
Marc Gleason
What state to start an LLC?
So I am planning to begin wholesaling in Arizona and want to get my LLC registered ASAP.After quick research it said file in state if you are going to have a store front (which I will not) or would be doing must of yo...
Connor Heffler
LLC Location Question
As a new investor, is it best to create your LLC within your current state of residence or the state in which you are planning to invest the most? Any suggestions or guidance would be very appreciated.
Kat Rathell
Condo insurance policy
We are in the process of buying a condo to rent it out. I contacted our insurance agent for a landlord policy on the condo. They said no problem. But the policy documents list us, the owners, as occupants and instead ...