![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2681146/small_1694642798-avatar-scottf299.jpg?twic=v1/output=image&v=2)
Hi ALL!I've always been interested in real estate but never thought it was something that I could build wealth with. My wife and I were always on the wrong side of the deal so we shied away from it. Recently I decided...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1246546/small_1621510638-avatar-clintg16.jpg?twic=v1/output=image&v=2)
Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1490767/small_1621512840-avatar-tylerw262.jpg?twic=v1/output=image&v=2)
Hi, I’m looking into a couple of properties in the Indianapolis area, I’m hoping to close on one soon and I have another that I’m setting my sights on, my question is it worth having an LLC while only having 1-2 prope...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/524983/small_1621481391-avatar-mikeb145.jpg?twic=v1/output=image&v=2)
I was struggling with which state to form my LLC and also interested in the Series LLC. One of my close friends is an attorney and he suggested that I form the LLC in our home state (MA). Question: Does anyone have ...
Hello!I created a new Single Member LLC in Ohio for rental property. However the property is still under my name, Do I have to report taxes for the SM LLC (which has its own EIN) that technically has no income?I do ha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2514591/small_1672614218-avatar-michaela1370.jpg?twic=v1/output=image&v=2)
I recently purchased a Duplex in Ohio with my mentor. We purchased it in our individual names and are trying to decide if transferring the deed to an LLC is worth it. I was under the impression that an LLC protects yo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/512076/small_1621480334-avatar-carriea3.jpg?twic=v1/output=image&v=2)
Should be closing on my first deal in a week, a duplex. I was trying to shop around for insurance... I tried to get 4 different quotes, only 2 agencies responded back to me... of the 2 that didn't, 1 of the agents w...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1821763/small_1621515866-avatar-mrtieguy.jpg?twic=v1/output=image&v=2)
Greeting readers, I am looking for recommendations on how I should structure a commercial property acquisition. I have a property in mind and all of the numbers look good and make sense to acquire and hold for long te...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1270228/small_1621510846-avatar-timothyr73.jpg?twic=v1/output=image&v=2)
Hi Everyone,Looking for recommendation for RE Attorney in South Charlotte. Looking to setup an LLC (would like Series vs Traditional) and looking at making offers on properties yesterday. Would like this LLC setup ASA...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/604088/small_1621493606-avatar-jam79.jpg?twic=v1/output=image&v=2)
I have a duplex, my only property thus far. It is under my name and I am managing it. I would like to expand and I know at some point I will have to set up an LLC. I am facing a huge expense on my property so I was wo...