I have two rentals and right now I am about half way done with my 2nd brrrr house. The rentals are owned by my LLC just for them. I am wondering should I be operating a second LLC for the management side? I do a lot o...
What is the best form of ownership for my real estate investment company? I.E. sole proprietor, S/C corp, LLC?
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...
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
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...
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 recently established an Illinois Series LLC. I created a series for each rental property (single-family homes). I also created a "management" series that will sign leases, collect rents, and make repairs.I am in the...