I am going to start building my credit with a secured credit card when I turn 18 to make it easier to get the financing for income property. I recently started researching entities and I can across something called a ...
Hi everyone, I am contemplating asset protection strategies for my California and Memphis properties and a real estate guru says to hold the California properties in land trusts owned by a Wyoming LLC. This WY LLC wo...
Is it best to own the properties in your own name and then have an LLC or other tax structure rent them out or just have the LLC own and manage everything, therefore, limiting any liability to you personally? Are ther...
Hi, We have 5 SFR rentals currently we have also flipped 5 also. We are actively seeking the next property, but the issue here is... we are working on financing. So far we always purchase our houses in our LLC and w...
Hello all,I have been operating as a sole proprietorship for my wholesaling business and I would like to get set up with an LLC and work with a recommended real estate expert CPA, or get it set up through a real estat...
My Dad and I are looking at creating an LLC to purchase an investment property. We live in Indiana but are looking to invest in Kentucky. Does any know the implications of creating an LLC in Indiana all while being a ...
Hey all,I recently closed on a 3 unit property which I am going to house hack which brings my portfolio to a total of 5 doors (including the one im living in) and am curious if it would be wise to have an LLC for each...
What are some of the pitfalls of creating a LLC with a spouse for rental properties? Is it better to have a single member (just me) to protect her from any litigations against me?
I am in the process of buying my 3rd rental property and several people have recommended putting the property into an LLC for asset protection. If I buy it in an LLC, financing becomes expensive, if I buy it in my ow...
Hey everyone. I have one 3/2 residential rental property and want to scale up with a multifamily purchase. Do I need to start an LLC for each property? What other basic legal setup is necessary for managing rental...