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What is the best way to open up an llc. How many properties do you have in one llc. Also once the property is in the llc how would you refinance?
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I have 3 good friends who are not involved in real estate, but have money and are trying to purchase a part of my LLC. At first I was against it, but I'm starting to warm up to the idea since I could use their cash as...
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My partner and I have been discussing the idea of starting a "fund" for our LLC that would allow private individual to "buy in" to our Property Acquisitions capital. The more they invest, the better their return or o...
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My mother-in-law has a commercial retail rental property that is part of an association. The property is currently in her name and she has no encumbrances on the property. I suggested that she do something to either l...
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I am searching for a local attorney that can help me with selling property on contract terms and lease options. I know that with Dodd Frank some things have changed and I want to make sure that I do everything right....
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Hey all, for those with multiple properties and a Holding Company structure, two questions that I am struggling with. We have 6 properties (5 self storage) and are looking to properly structure via a HoldCo. No invest...
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I hold a couple of properties in a series LLC. Both properties are currently uninhabited as we prepare plans to demolish the existing homes to clear way for development.Property A consists of two parcels, one parcel w...
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Although the tax reform bill is still in conference and hasn't been passed, and the final bill will require study in conjunction with a discussion with a real estate savvy CPA to understand its implications on my part...
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I have set up an LLC with an investor that has an operating agreement and governs the partnership. We have a bank account with a large sum of money in it and an operating account that we plan to pay for all items (we ...
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I live in California, and am looking to purchase my first rental property in Illinois. I want to form an LLC for it to protect myself, and have been reading about how California residents have very specific laws compa...