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I'm thinking about opening an LLC in Nevada or Wyoming, for asset protection. I'm currently living in Illinois (land of sue everyone for anything you can think of), so I was planning on starting a limited partne...
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Here’s the scoop…I have a CPA, but he didn't provide me the answer I wanted and/or think is logical when it comes to the topic of claiming "Partial Disposition", so I wanted to put it out to y'all. I'm a business own...
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What is the best way to find an experienced real estate lawyer or tax accountant that can advise me through general questions? I turned to google but don't know if that is the best approach? I have two properties and ...
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This thread is inspired by an ongoing debate: Possible to grow without debt?My question isn't whether I should use debt or not - it's how to know when I am over-leveraged. I know there is a degree of personal "feel" t...
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Can someone tell me if and how I can use my IRA to buy real estate?
Finally found a company ( Nautilus Insurance) that will write me a stand alone umbrella for 1 mil with having about 20 properties. Still debating because the price of 732.00 was a little higher than expected.And still...
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I've seen some posts on the forum about hard money lenders "requiring" an LLC for them to loan money. Can anyone share their experience borrowing hard money either through an LLC or as an individual?Thank you in advance!
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Hey guys - in a unique situation here
I bought a 2 bed - 1 bath house in KC, MO on an FHA 1.5 years ago, renovated, rented out for a year (got sent away for work after a few months), and just came back to add on to m...
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My husband and I have a Triplex in Kansas that we plan to hold onto because it is a cash flowing monster. We haven't set up an LLC yet. But we want to move to Florida in 2017 sometime. We will invest in much more real...
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On behalf of myself, not my work as an agent (thank you moderators), I'm looking for information about any consequences or considerations when selling an Ohio single man LLC with it's own tax ID that holds multiple re...