What is so good about having a single member LLC in florida vs Texas? Texas costs $300 to form vs Florida at $150 and they to have state income tax both very flexible. Does anyone have better information on this subject?
Hi All,I have been pre-approved for my first investment property. I have set up a weekend with a real estate agent in Cleveland to look at some small multifamily properties (2-4 units) and hopefully I will find someth...
My wife and I are purchasing a condo to use as an short term rental.we are using a heloc we had because the interest rate Is much lower than anything we could find today with a conventional loan. so we will be buying ...
Hey, Bigger Pockets Family!I am just getting started in my real estate investing journey and working to lay a solid foundation in wisdom and knowledge. I believe it is wise to develop a general (if not thorough) under...
I own several properties primarily for short term renting in different cities (San Antonio, Tampa, Pittsburgh). They are all in my personal name (deed and mortgage) however I have an LLC that I do business with and fi...
I have an LLC for my side business and I know the benefits of having one like protecting / keeping my personal assets separated, being able to write-off any expenses, etc.; however, I'm wondering if it would be better...
Hi BP Carebears!My girlfriend and I are looking into buying the first of many income properties. We'll be taking it slow to start by doing the House Hack technique, but we would like to eventually build a nice portfol...
Hello all, first time poster, it has been a blessing finding this place, so much knowledge, experience and wisdom! I've dabbled in real estate for a few years(seriously only like 4 or 5), and now I am starting to get...
I am looking into the usage of LLCs to house investment property. From others' experience, is it necessary to hold each property in a separate LLC? Or is it more common to create one LLC to own all properties? This is...
Wow! Our last poll had over 700 responses! Because I think the last poll generated a ton of interest, I'm going to start doing this regularly until someone stops me or I run out of questions to ask :) This week, the p...