Mike Jones
Too much Anonymity and Financing
With so much information regarding WY, NV, LLCs, multi layer LLC structure, charging order protection, anonymity, asset protection, I am realizing that there isn't a fit all package. Its all comes down to each person'...
Aaron Farr
Large flip finished and sold
This flip ended up being WAY more than expected but it turned out awesome. The quick flips are nice but I really did enjoy the process of practically building a new house. I learned SO much from everything about this...
Shirley X.
which application should I pick: a CEO or a section 8 family????
Hi everyone! We need your help with a tough decision. We received two applications on our 3-bedroom apartment from tonight's showing, and my husband and I have different opinions regarding which to pick.One is a 25-ye...
Jennifer Rysdam
What would you do in this situation?
I have a guy in my building that has lived there since 1993. He's on the second floor (8-plex) and in the last year needs to use a walker. They aren't sure what's going on with his legs but they aren't working from th...
Don Konipol
Wholesaling Legally and Ethically
In many states wholesaling has come under legal scrutiny. This is based on two different areas of attack; some states take the position that wholesaling is brokering without a real estate license; the other area of a...
Christopher Morris
Best Tips for Increased Rent
Hello BP, I finally have my first accepted offer in Bayonne NJ. Its a duplex property and I am looking to improve each unit to maximize my rent roll. I was planning on adding vinyl floors to both units and having a pa...
Jarrod Roecker
Best Credit Card for LLC?
I have one rental property and a rather newly formed LLC for the biz. I have some remodel work to do and thought I would open a credit card under the LLC to build some business credit. I have excellent personal credit...
Scott C.
Lead Paint Laws
I came across this story today on the Journal of Light Construction website, http://www.jlconline.com/leadsafe-practices/storm-...What are your thoughts concerning this development? Do think other states will follow M...
David Corrales
Business or Personal Checking Account?
What kind of checking account do I need for a rental property? Will it need to be a business checking account even if I don’t use a llc for the property or would I need a DBA?
N/A N/A
LLC for rental properties
Hey guys,
I'm new here, and I have a question about the way LLCs should be set up and how they are taxed.
I am thinking of investing in a duplex, and renting out both units. When forming the LLC, I am wondering ...