Good morning group.I am looking at purchasing some rental properties (positive thinking) within the next 6 months. Is there any tax advantages to starting an LLC this year vs. waiting till after Dec 31?thxEric
Hello BP Members,I’m fairly up to speed on general benefits of an LLC. In this post, I’m trying to learn more about a Series LLC.- general understanding - how they work - advantages (if any) they may have if buying mu...
One of the most popular asset protection strategies suggests setting up a Wyoming LLC and using it as a trustee in Florida Land Trust (that owns properties). Have anyone used this tactics? It looks like conducting of ...
I work for a public school district and I know there are many teenagers who have criminal backgrounds. May I ask on the application if there are any minor children who are under suspension / expulsion status from a p...
There has to be a way to do this ... I have a house that I own in Long Island NY. I own it free and clear it is currently rented out. I want to get married in the next 1-3 years BUT I don't want to have anything in my...
Helloooo. Long time lurker - I appreciate everyone's shared experiences!I've been investing in northwest Georgia since 2007.I own multi-family rentals, which I manage myself. I have several notes. I'm getting in to...
I went ahead and created multiple LLC's for a couple properties I'm buying. My Lawyer said it was wise to have each property in separate LLC's in case of lawsuit or something. My Accountant recommended I look into a S...
I need to start an LLC and a S-Corp. any advice on the way to get these set up? I want to buy my first property using a LLC.