What is the best form of ownership for my real estate investment company? I.E. sole proprietor, S/C corp, LLC?
I'm in South Carolina, which does not offer a Series LLC and I only plan to buy rental property in SC. Let's say I form a Series LLC in TX for example, I'm assuming it then needs to be registered as a Foreign LLC in ...
One major problem with owning rental real estate is liability. People can sue you for any reason — or none at all. If you hold title to your real estate personally you could lose everything. That’s why most real estat...
Hello BP community! So, I have 2 rental properties, both under my name (and my husband's). We have a series LLC in Nevada and are planning on moving the properties to that. Speaking with our lawyer, she suggested we p...
I'm looking to buy a rental investment in San Antonio. Does anyone have any attorney recommendations they'd like to share?Thanks a lot,Ryan
Good morning BP nation,I have just become aware of the Series LLC, which appears to afford much better asset protection than a standard LLC due to the ability to essentially nest entities within each other. Based off ...
Are there any general guidelines for what type of entity is typical for a note business? Outside of notes, you typically do your buy and hold in an LLC, but your active work (wholesaling and flipping) in some type of ...
I have spoken to an attorney and I just want some clarification on business operations. I am starting a repair business and will also be starting an real estate rental business/ Airbnb. I will be forming an LLC for th...
I live in Chicago and I plan on opening my business as a Series LLC. My question would be in which state would it be best to open it and why. Even just a finger point in the right direction will help. Thank you!
I plan on buying several properties for rent and fix and flip soon. The main thing I am running into is how to structure the company for rentals. I have heard I should put each property in its own LLC and then I have ...