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Results (504)
George Rodriguez What kind of accountant should i use?
3 August 2020 | 5 replies

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...

Brady Hanna For those of you who manage your personal rental with your LLC.....
20 July 2013 | 6 replies

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 ...

Marc Beaulieu Ensuring your LLC holds up in Court
2 July 2016 | 9 replies

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 ...

Carlo D. Is the Wyoming LLC route the valid way to protect yourself?
31 July 2024 | 3 replies

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 ...

Mathew Deines Californian wants to buy Ohio property - Entity help?
27 November 2017 | 38 replies

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 ...

Christine Watson BRRR - How to put property into an LLC when I refinance
23 September 2022 | 9 replies

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.  

Katherine Ming Landlord responsiblity and liabilty with gap in fence
22 May 2021 | 10 replies

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...

Franklin Lee Unlimited tax deductions back in the days...
17 January 2009 | 8 replies

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 ...

Daniel L. Effective Use of Friendly Options in Lieu of Other Controlled Equity Stripping Strategies
13 September 2013 | 3 replies

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...

Chris Susserman LLC formation in Virginia
30 September 2020 | 5 replies

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 ...