Hello,My business partner and I live in California, but are looking to invest in a duplex out-of-state, specifically Missouri. What would be the best and easiest way to have this partnership? Do we need an LLC or can ...
Hi all, I know I already asked a similar question, so please bare with me. I’m having a little analysis paralysis here. I know most of you are not attorneys or CPAs, but just provide your opinion and please explain wh...
First time doing an STR and I want to put it in an LLC to shield my other assets as best as possible. I've read the pros/cons of LLC vs only doing umbrella insurance and I'd prefer to do the LLC route to minimize risk...
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
My Husband and I own 3 houses and two of them are rentals. He wants me to put the rentals under an LLC. Now I know an LLC is to protect you in the event of being suid, but if we have good insurance polocies, does that...
Dear BP Members & Mentors,
I’ve been in the business a couple of years and have been fortunate (along with some hard work) to pull together a small portfolio of buy & hold properties. In the process I ran i...
Hello and thank you for the comments and suggestions in advance. Given the ideal situation when owning a rental property (for this example residential 1-4 units) is to hold that property in it's own LLC for liability...
I live in WA and heard to set up parent LLC in WY. then I can sub off of that one. What is the best way to go about doing that? Thanks in advance for any tips and help.Ben
Hi Everyone,
We are looking for best strategies and law firms for Asset Protection, to create LLC and operating agreements.We are debating between Anderson associates' business essentials package and CorporateDirect ...
I want to buy investment property but want asset protection and would love to get anonymity if possible also. Looks like the way to go is to have your property owned by a series LLC with a trust being the Manager.I'd ...