Cory Anderson
LLC Structure for real estate business
Hi, Bigger pockets family!
I will keep my questions short and sweet.
I am going to purchase my first out-of-state investment property and I want to know how should I structure my LLC. should I create an LLC in...
Edwin E.
A mortgage Co asked me to sign an " Access to funds " form
A mortgage Co I'm dealing with asked me to sign the above mentioned form. That's new to me. It says " This letter is to certify that ............ has 100% access to our joint account #.... " In the past I have provi...
Sean Slattery
Out of state LLC
Hi. Does anyone have any suggestions on how to go about setting up an LCC for an out of state purchase? Should the LLC be set up and paid for in the state of the property the LLC will be buying? I live in MA and have ...
Varun Chadha
Should we form an LLC ?
I am planning to start in real estate investing and one question for which I don't have the right answer is should i form an LLC (in which state) for my first investment property or sld I buy the investment property u...
Stacy Gomez
Legal Set-up for multiple properties in 3 different states
Hi,
We have our primary residence in Texas, own an 2nd Home property in FL that we STR with an LLC to operate; and are purchasing a 4plex in Louisiana. While we are actively working on our personal trust... I'm try...
Chris Mason
$4m Los Angeles Shopping Center 6% Cap Rate Acquisition - Financing Survey/Review
Scenario:
- Fully stabilized retail center. "Shadow-anchored," meaning the Target or Costco building isn't included with the purchase, but it shares a parking lot or similar. In other words the subject property owner...
Corey Duran
Wyoming LLC protection
I hear a lot on the internet that no matter how you set up your business structure for asset protection you want to have your main holding company that owns all of your other LLCs out of Wyoming, Delaware, or Nevada f...
Mario Malpelli
Advice on if forming LLC for STR is necessary
Hi, have an accepted offer on a STR in which we’d form an LLC upon closing. Is this advised? Also can someone explain the due on sale clause risk in this case and how to protect
Jones Owens
Long Island - Fundamental Stumbling Block
Long Island is quite strange because NYC, JC, and CT are right next door, yet LI's fundamentals are making my head spin.Both in NYC and Long Island, the net income from job would be about the same after the LIRR/MTA/c...
Adam Alonso
When/how to go from homeowner to business owner?
In the sense that right now I own my house under my own name and would like to buy another house. If I start an llc, how do I move those houses from something I own to something the business owns? Should I even both...