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Is an LLC needed or desirable to conduct your wholesaling business? I could see giving a link to how to look us up on the Secretary of State's website to show legitimacy as one benefit. Another big one is protection o...
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A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...
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Hey everyone need some quick advice. I have one rental property currently and I am looking to go for another soon. Is an LLC recommended? If so when? And what are the main benefits of it? Thanks!!Nick
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I've been looking into SDIRA vs. Solo 401k options for a while and read many posts related to that. Based on my reading and understanding, it seems that that Solo401K is a much better option than SDIRA-LLC and one can...
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Is it a good idea to form an LLC to buy your first house hack?If so what are the advantages and disadvantages?What are some things that you can write off?Any feedback helps, Thank you BP fam!!
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I am debating on setting up an LLC for holding my Wisconsin property. I am Looking at getting my second property sometime in the near future. I have read that Wisconsin has a watered down version of the Series LLC l...
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For those using a LLC to acquire fix-and-flips, wholesale, or deals you don't anticipate holding long term:Are you utilizing your home address or a virtual business address?Are you representing yourself as a Registere...
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After numerous conversations with investors, CFAs, data scientists and economists in conjunction with my own understanding and study as a CFA candidate, I thought it would be worthwhile to share my thoughts on how I t...
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I just rented my place in the Bay Area, CA. but live in texas. I’m trying to determine if I should open a LLC to protect my personal assets or just go with an Umbrella? Since the property is in CA, I assume I would ne...
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BiggerPockets experts!I want to get your thoughts and 2 cents from a philosophical and risk perspective. I am 42 years old and my wife is 39, we have 2 kids, age 9 and 5. GOAL: Insulate my mid-long (5-10 years) term ...