I am relatively new to REI and new to posting on BiggerPockets. I currently own 3 SFR in TN and am focusing on asset protection before I invest in more. Currently the SFRs our under an umbrella policy but I would li...
As I start to buy more homes, how can I help protect myself and my family from various lawsuits? I also own an irrigation consultation company and it is an LLC. Should I place any real estate purchases under that u...
Should I make an LLC before I purchase my first rental property? If so, which state is best to keep my name anonymous? I know some states are better than others for this. I am living in California and plan to invest o...
I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
I’m a long-term Bitcoin investor looking to purchase a new primary residence. Since I have no demonstrable income, and don’t want to liquidate my holdings due to tax implications, I was planning on getting a Bitcoin-b...
In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
Does quit Claiming a property into your LLC count as an owner contribution?
I’m a private asset manager for a small number of clients right now and am looking to expand into a GP role to create a fund that will attract larger institutional and/or higher net worth investors. I own and operate ...
Hello BP Community!
We have recently acquired a six unit apartment building in Memphis, which is our largest acquisition to date (we also have four SFRs). I want to know the best way to protect my assets. I keep gett...
I am planning to file an LLC in AZ where my first rental is purchased.
1. Can I file LLC using online services and generic operating agreements for a married couple? manager managed instead so only my name is displa...