Amby Bhagtani
LLC in Multiple States or One LLC in one State
I own properties in multiple states, so far the strategy has been to keep all properties in one LLC in CA, however I would like to understand if I should be moving each property in its own LLC for that particular stat...
Kelly Jones
Fixer upper in desirable neighborhood
Hello!I'm an avid reader on the forums, but this is my first foray into starting a discussion.Curious what you all would recommend in this situation:I am under contract to purchase a SFR located in the South Puget Sou...
Ashwini Venkatesan
Create LLC or not for out of state investment
Hi. We live in CA and want to buy a property out of state. Potential seller (experienced real estate investor) recommended we create an LLC and buy the property. I am not sure I understand all the tax / fees associat...
Noah Bacon
What is the best book title?
Our Publishing team is getting very excited for a new book release soon, and we are looking for feedback from the bookworms in our Community!📚🪱Which of the following book titles do you find most compelling for a book ...
Pat Vu
Wyoming Corporation formation
Hi I live in California and file my corporation in Wyoming. I do not do business in California except my corporation owned a piece of real estate in California with no income. Am I ok to keep my corporation in Wyoming?
Alex U.
Umbrella Insurance vs Wyoming Holding company holding California LLC
For your buy and hold properties, to my knowledge there are 2 predominant strategies.1. Keep properties in your name or in a trust, get $1M worth of liability insurance for a few hundred dollars and rent out the units...
Brian Armstrong
LLC in which state for out of state investor
For tax purposes, is it better to open an LLC in the state I’m investing in (Florida) or the state I live in (California)? I’m finding some lenders want an LLC to lend to. Is there any benefit to my liability to have ...
Irene G.
I have a property in CT but live in CA, where should I open the LLC?
I've already closed on the house and currently have an LLC in CT but have not moved the property over to the LLC yet because I wasn't sure if it makes better tax sense to move it under an LLC where I live (CA) or an L...
Amie Wassell
Wyoming Holding Company then file a California LLC?
Currently looking to start investing. I am currently starting to structure my side hustle correctly. (I screen print and embroider apparel for small businesses) I have my DBA for that but plan to make it an LLC.I have...
M P.
Section 8 being forced upon us by Obama administration
Hello fellow BPers. I have been a long time reader of these forums and have picked up a tremendous base of knowledge from you, my colleagues, on this forum. I am mostly a passive investor, and so have not had a real...