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Results (3053)
Account Closed CA resident wanting to form LLC to do business Out of State
23 February 2022 | 1 reply

Hi Everyone! I would appreciate if any accountants, lawyers, etc. can shed some light on the implications that arise from being a CA resident who invests out-of-state through a business entity such as an LLC.I want to...

Andrew George Dennis Lawyer price and referral?
31 January 2020 | 9 replies

I’m going to shop for a lawyer who can answer entity questions, help me make an offer on a property, and advise on tenants (what to do tao protect myself). Looking for a great teammate!How much is a good lawyer going...

Brad Noe Tranferring Ownership to LLC - What To Do With Insurance Policy?
1 February 2017 | 10 replies

This may be a dumb question but, if we are doing a Quitclaim Deed to transfer ownership of a property over to an LLC, should we also change the insurance policy from our personal names to the LLC name?

Brian Walters The classic LLC question - but with a twist
30 September 2020 | 44 replies

We have all seen and read opinions on what people just starting in real estate investing should do in terms of creating a LLC to own and operate each property.  Most of what I have read speaks to the opinions for youn...

Beth Rook Does each LLC have different EIN?
9 February 2023 | 12 replies

If you have an LLC for each property or for different businesses, does each LLC need to have a separate EIN?  If so, how would taxes be filed?  I understand a single member LLC files a personal tax return and that is ...

Alan Grobmeier Tired of getting calls from wholesalers and flippers
2 April 2019 | 18 replies

I average 2 calls a week where someone calls me up and wants to buy one of my rental properties.  I have heard the speeches so often I KNOW what they are gonna say next.  Usually it starts out with, "we have bought a ...

Ian Thomas Importance of getting an LLC
7 April 2019 | 7 replies

I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...

Dani Parsi 'Expert CPA's & Lawyers'
26 March 2019 | 4 replies

Hello all,Hope everyone is doing well.Real Estate Investor here with so far 2 Rental properties looking to grow future portfolio. In the works of building my Administrative team & need some guidance from more expe...

Stacy Gunn Looking for Bank in TN that will open accounts for Series LLCs
1 August 2019 | 0 replies

Hi, We are looking to open separate checking accounts for each child in a Series LLC we just started in TN. We are out of state and have had both large banks (Chase) and local TN banks say they would only open one for...

Will Jones What is the best plan you hold rental properties?
25 December 2016 | 4 replies

I'm buying rental properties in NC. I was wondering if there is a preferred way to run them. Weather it be by llc each one? Keeping them in your name? Tax reasons as well . Any pros and cons would be greatly appreciat...