Brian McCombs
Out of state LLC formation
Hello, I am looking to hear from the out of state investor community. I am looking to create an LLC in the state I own property, but i do not live. The property does not have an office, or general mail box. Only the t...
Bobby Paquette
LLC? S-Corp? Land Trust?
How do you your rentals structured ? Do you own them in your personal name? In an LLC, and S-Corp, C-Corp? A land trust that is owned by an S-Corp? Curious to hear everyones setup!
Reese W.
Pay mortgage with personal checking account or LLC's account?
I have all my investment mortgages on auto pay with my personal checking account which I like because I have plenty of buffer and don't have to worry about shortages from vacancy loss etc. However I just purchased my ...
Luke M.
All cash property, should I set up a trust?
I purchase a property all-cash with my own name. I would like to have it in an LLC, but it's just not cost effective as it's in California and the $800 annual fee would kill my cash-flow. Would it be beneficial to dro...
Mike Farnsworth
Oil leak - no fault property damage
Hello BP community,
I recently had a crazy event happen to one of my rental properties (1 of my 9 doors affected in this single family long term rental):
A home heating oil company mistakenly delivered a very large ...
Brady Parmentier
Question on Property Taxes
Hello everyone,
Say I own a single family home that I rent out. Would the property taxes on this property be taxed at the residential rate? Or would you have to pay commercial property taxes since it is technically c...
Martin Nesta
Land trust asset protection
Hello,
My name is Martin, I am looking for some help with regards to asset protection. Looking for reliable attorneys who can help with land trust for anonymity. I have 5 properties in Florida all with conventional m...
Chris Ruggiero
Buying a rental in a land trust
I’m preparing to buy our first rental property. Working on financing with the bank. I told them I want to close in a land trust for asset protection. They said no to that. Any suggestions?
Jonathan Phillips
Primary Residence using LLC Questions
I'm looking to purchase a primary residence. Due to my profession, I need to maintain some level of anonymity -- i.e. need to avoid people easily searching for my name on the county deed/property websites. (Not tryi...
Jeremy Ramey
Real Estate Investment LLC
When creating an LLC for your real estate investment company - if your are looking to invest in property in GA and your home is FL. Should the LLC be created under GA laws or your current residence state?