Reinhard Kurzen
Washington State LLC
Hello Everyone,I currently have 6 units in Washington State that I would like to transfer to an LLC. I am also in the market for an 8 unit soon in Washington state. I'm looking for recommendations on a Seattle area at...
Shuba Lodd
Series LLC for rental properties
I established a series LLC for my 4 rental properties with the plan to add additional properties to the series. Now I read somewhere that if my mortgage is still in my name, and not transferred to the LLC name, then i...
Shawn H.
Simple Husband & wife LLC in Illinois, does it exist?
I am looking at forming, a Series LLC in Illinois, with my wife for our rental properties. After doing some research, I am only more confused. It seems like there are very different outlooks, strategies and methods. I...
Kevin Lefeuvre
Creating a LLC just for renting and managing my own property.
I have decided so far not to create a LLC for each property, instead using a good insurance. Also because getting loans is complicated in LLC and there are fees for each LLC (just $800 per year franchise tax in Califo...
Andrew DeBlock
Advice on When To Start LLC
To reduce risk, looking at options around forming an LLC. Would be interested in any feedback from anyone that has gone through the process. More specifically, at what number of units did you move properties into on...
Frank Paladino
Wyoming Series LLC - Form series in WY or state doing business?
Myself and two partners have a Wyoming Series LLC. We are just starting out and purchasing a property in PA.I have consulted several real estate attorneys with differing opinions.Question. When forming the series (c...
Account Closed
LLC question
Hey, guys
So, I've read multiple times to not hold all of your properties under one entity (LLC) because this places all of your properties at risk in the event that your entity is sued. Instead, a number of entities...
Kevin O'Donnell
Should You Dissolve an LLC after a Sale?
I'm getting a few different point of view on this from equally qualified and experienced house flippers. Here's the scenario: you purchase a house using 123 Main St, LLC. You fix up the house. You sell it to an owner-...
Sasha Tetera
Forming Real Estate LLC in Ohio
Hi BiggerPockets Community, I'm entering Ohio real estate market and looking to form an LLC. Are there benefits of forming it in another state (ex: Delaware) in regards to fees/taxes? I intend to buy more than one pro...
Alan Davidson
Separate LLC vs One LLC
Trying to find an article about putting each rental property into a separate LLCs or putting a group of rental properties into one LLC.Just looking for pros/cons of each approach. I've heard there are differing opini...