Hello, Has anyone worked with a good legal team for LLC formation for their investment properties?I am looking to form LLC or Series LLC but dont have a good team to work with. Any recommendations will be helpful.Thanks!
Let's say you own three rental properties, and each property has its own LLC. What happens to the LLCs if you decide to trade the rental homes for an apartment building using a 1031 Exchange? Are the LLCs not under y...
Hello everyone, P.J. here and I am an absolute rookie here and looking for some advice. Just a bit about me, I'm in Southern California and am looking at vacation rental properties out of state and have already found ...
Is there a certain way an LLC should be setup? How much does an LLC cost?
If one lives in Los Angeles and is planning on buying property in state and out of state Ex: Ohio, North Carolina, Florida, (just to name a few). Do I start my LLC in California then use it to buy out of state in thos...
Hello BP family, I currently have 6 SFH, and 8 small multi in Kansas City (both MO and KS). Understand it is very risk to have all of them under my name.
Any recommendation on a good Real Estate lawyer with setting u...
For those of you who own more than one STR. How do you have it structured?
I see a lot of discussions about placing properites in an LLC, but the discussion tends to end there. When I look at Airbnb profiles, I often...
I just bought my first condo and I’m getting it ready to list for rent.
This is my current game plan:
1. Open an Ally regular checking account just for that one property. (Deposit rent & pay for expenses)2. Use...
I think I have it narrowed down on how I want to initially structure my new business (an LLC with S-corp destination so that I don't have to pay both Personal Income Tax on profits + Business Corporate Income Tax; I w...
I have a series LLC setup for purchasing real estate, however all the lenders I have spoken to offer either a personal mortgage loan at 3.25% and 10% down or a commercial loan at 7.25% with 25% down. The low interest...