![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/235561/small_1621435196-avatar-sinbad.jpg?twic=v1/output=image&v=2)
Listening to people beat up on the young folks for having their student loans paid off. Look at this people born between 81 and 96 are getting poorer while the rest of us are getting richer. What this is really sayi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/86137/small_1621416232-avatar-thepiperdown.jpg?twic=v1/output=image&v=2)
Dear Pocketers,
How do you harden / bullet-proof your rentals?
While I've never had anyone utterly trash a rental of mine, I've seen the damage they can do first hand (typically when buying the rental and seeing ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1809739/small_1621515760-avatar-stephanieb198.jpg?twic=v1/output=image&v=2)
Context: I am just starting out as a newbie investor and landlord after many years of hesitation. I have turned my primary single family rowhouse in Philadelphia into a rental. I did this because 1) that was always th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/997085/small_1621507097-avatar-isaack25.jpg?twic=v1/output=image&v=2)
Hi BP,All the brand name CPAs like Provisions, Mark kohler or evne Clint Coon's firm charges around $8K-$10k for LLC real estate tax filing. Those are famous firms and I know those are also for big busienss people. Fo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/917571/small_1621505520-avatar-iml22.jpg?twic=v1/output=image&v=2)
Hello everyone,I am searching for my first buy & hold investment. I am starting to think that it is in my best interest to set up an LLC to protect my assets and insulate a property from some degree of liability....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/517134/small_1621480735-avatar-justink34.jpg?twic=v1/output=image&v=2)
So I am wondering if this is a legitimate asset protection strategy and would highly value any mortgage lenders or attorneys opinions. I haven't heard this discussed before.My wife and I own several properties. I ha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/692285/small_1648680381-avatar-bellis.jpg?twic=v1/output=image&v=2)
Ive been trying to research the pros and cons of each. It is really confusing.I spoke with my lawyer, and he suggests putting my rental property into a trust.My goal is to buy and hold very long term (sell when it mak...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/173646/small_1621421569-avatar-toan_pham.jpg?twic=v1/output=image&v=2)
I know the general consensus is that you should have an LLC for protection but I was wondering if anyone decided to forego an LLC (for maybe an umbrella policy) when they had a single property? I'm in California so LL...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/227258/small_1621434604-avatar-msmarisa.jpg?twic=v1/output=image&v=2)
Hi Everyone,Last night I went to a real estate invest presentation.I responded to an ad on Craig’s list and was invited to a presentation. The presenter was really entertaining, he went over the company (Renatus), off...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/243701/small_1694784856-avatar-grant1985.jpg?twic=v1/output=image&v=2)
I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...