I understand the reasoning behind placing real estate in an LLC: for the owner to shield himself/herself from personal liability in the event of legal action.
However, is one LLC enough? Say an investor owns 10 prope...
I’m confused about ABS to PVC transitions - Rubber coupling Vs Glue.Drywall wall is not put back yet and I can remove the rubber coupling and use the Glue to connect ABS to PVC. Plumber is used the rubber coupling. Is...
Did you set up an LLC to act as property manager? Does it shield you from liability? I've read a lot on NOLO that, in my state (Georgia), I am personally liable for all negligent acts I perform regardless of how my LL...
Hi everyone. For liability protection purposes I have the one SFH I own in an LLC. I’d like to start purchasing a few more, but would also want to hold those in an entity (LLC) to shield against personal liability f...
I'm thinking about looking into American Home Shield to warranty my appliances for my rental properties. Does anyone have any exposure to using a home warranty or home warranties similar to American Home Shield?
Can a private, individual landlord (who only has 1 rental unit) deduct cleaning fees for normal wear-and-tear from a security deposit at the end of a lease? Deposit was $650. Interest accrued = $3.90 for a total of 65...
Had a mysterious leak in the basement's ceiling when it snowed heavily this winter.I have asked for the community input a while ago (https://www.biggerpockets.com/forums/67/topics/183...), and finally one of the contr...
Hello!
My partner, Amy, and I are taking our first steps into the the world of real estate investing! Accompanied by all the nerves and excitement you could imagine. We've decided our best course of action is for on...
Hi,I have a question that is I would like to ask for feedback, suggestions, and stories of your experiences with. Our portfolio to date consists of a house in Connecticut that we have tenants in, a mixed use commercia...
I have been looking through the topics within business filings and I haven't found a specific answer to my situation. Here's what I want to do but I'm not sure how to set up for maximum benefit to me and those who ...