Hello. Im going to form an llc and build a rental property portfolio. I dont know alot about accountants and CPAs and bookkeepers or whether they are the same thing or different. But what kind of accountant should i l...
How are you currently doing it?
My wife and I formed an LLC with the initial idea of buying rental properties through our LLC for the extra protection on top of umbrella insurance. After talking to bankers all over ...
I recently spoke to an insurance salesman who told me that a judge can choose to not recognize your LLC if you do not have a business account in the LLC name that all your business activity flows through( for example ...
Hello to the Community.
I'm really confused. So although the common wisdom or recommendation is to talk to a lawyer (which I did) I'm getting conflicting advice on this whole issue of Wyoming LLCs and the level of ...
I want to buy rental units in Ohio and I currently live in San Diego, CA. If I am keeping my 9-5 job and only collecting passive income, do I need to register/create a LLC in California and Ohio or just Ohio? My long ...
Hello BP,
I would like to finance a BRRR project with HML. Will I be able to put the property into an LLC, when I refinance? Exactly, how can I put the property into an LLC. Many thanks.
I have a tenant that ask for things all the time. I don't think I need to respond to all of it. This is my only property and I'm not the greatest at saying no to her.
The latest request: There is a small gap betw...
I heard from my dad that back 15 years ago when he was an active investor managing a rental business, he was allowed to take unlimited tax deductions...is this true?
Now, I know that you can ...
I intend to acquire a LOT of seller financed properties as a result of some of my marketing campaigns.I want my nuclear family, future children, and charitable cause to enjoy/benefit from the properties I amass.Le...
Hi All!It's been a while since I've posted but I browse constantly and can't seem to find a great answer to my question.My wife and I are about to purchase a property soon and I've been trying to find the best advice ...