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...
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...
There has been plenty plenty talk here about forming an LLC or not. We decided to go ahead and create an LLC, but were told by our lawyer that after closing on the the property we wouldn't be able to move it over to ...
Hey BP,Relatively small time investor with 3 properties in an LLC that is member managed by a partner and me. I'm setting up a living revocable trust for my wife and I. She is not a member of the LLC (not for any fi...
I'm an overseas investor, but a US citizen. I will be talking to a CPA next week, but want to make sure I have a general understanding of what to ask. In theory, let's say I have $1 million cash for 5 properties, each...
Hello everyone,
I'm a first time home-buyer, about to close on my property tomorrow! Some quick facts about my situation:
- The property is a 2-family house.
- I'm located in Long Island, New York
- I...
I was injured on an REO property in California and I'm trying to find out who the owner is, their contact information and their insurance company contact information. I am running into a brick wall as this is what the...
hi all i have read a lot about LLC and the reason behind them
but what i do not seem to see is any one who has actually needed one,,,, i could be wrong here and that is why i am asking .
i have friends realitives etc ...
How hard would it be to get financing for a property buying with a new LLC