Do I need to get an LLC and/or separate business accounts for my finances when doing a rental business in order to protect my assets against potential lawsuits?
Hello. I live in Los Angeles, and want to buy rental property here. I read that if someone sues you personally and finds that you have interest in an LLC that owns a rental property that person can take your LLC inter...
I am planning to file an LLC in AZ where my first rental is purchased.
1. Can I file LLC using online services and generic operating agreements for a married couple? manager managed instead so only my name is displa...
If every rental I have is it’s own llc what it the best way to structure things for taxes with losses? I know I can write off improvements and mortgage interest and landlord insurance. Does it many any sense to create...
Hi! I'm just starting out and recognize the importance of an LLC. Should I pay a tax professional to help me setup my first LLC, should I just do it myself (the form seems easy enough), or should I pay for online serv...
I just bought my first property. I was given some advice to put the property under an LLC out of Wyoming as a liability precaution. Anyone hear about this? Pros vs cons? Thanks
I currently have a llc in Illinois but will begin construction for a str on kentucky lake. Can I put the kentucky property in my illinois llc or form a new one in Kentucky. I currently don't have anything attached to ...
Greetings All:For the last year or so I've kicked the idea around of building a new MHP. I have been doing due diligence in regards to feasibility and are competition, and I think I'm going to take the plunge. All th...
Hi everyone, I would like to get your advice on how to deal with an outrageous HOA issue I am facing right now. I own a unit in cental NJ, and have been a owner for over 10 years now, always good with HOA payment, not...
I'm 23 and my wife is 21 and we'd like to buy a multi-family unit in Chicago with an FHA loan because of the low down payment. 1. How feasible is it to live in one unit and rent out another?2. She's a teacher. Are the...