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PLEASE ignore my other posts, they were put in wrong place...this one is the CORRECT post!
Hello! GREAT website here and I've combed it up and down (via search) trying to find an answer to a possible scenario, but no...
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Ok I'm thinking about setting up a Land Trust to invest start investing in Large Mulit-Family in Florida or Georgia. How should I do this? I live in Virginia so I'm going to set up my first LLC here and will make my L...
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Hi all!I've been researching the pros and cons of having an LLC for my future properties and reaching out to ask if any other local investors think it's worth it if you only have a few properties? I'm looking to buy ...
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My wife and I are nearing retirement and own a couple of homes that are finally paid off and we want to keep them long-term. So this is simple. No partners, no mortgages, nothing funky. We are looking for the best w...
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There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...
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Hi,
I've been looking into this. A number of duplexes in Florida. I could do LLC for each one (annual fees are minimal in Florida) or I could group properties. It would be multiple person LLCs -- so they cannot be ...
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I am currently owning two rental properties, and I am planning soon to expand my little empire by buying a few additional properties. I have done a little research, and it seems like there are many benefits of running...
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My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...
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Hello all, I'm working on trying to grow my rental business and looking at different avenues for funding. My situation currently is I have 1 SFH rental that is owned by my LLC and doing well, and also I'm doing a liv...
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What are the pros and cons of landlording as an LLC?