Mike Jones
Holding LLC-- Property LLC structure and Financing
I am in the state of MA, and have 3 rent properties in my name and looking to move them into a LLC. Many talk about forming a WY Holding LLC owning a MA property LLC at 100% structure because of anonymity and charging...
Jackie Linne
Taxes for new LLC
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...
Tom C
Duplex with shared gas and owner pays
I am looking at a duplex where tenants share one furnace and one hot water heater, thereby the owner pays for the gas. I am thinking about buying it, but I don't want to get stuck with the gas bill. So I am thinking a...
Jimmy S.
Why do you need a LCC if your networth is in real estate?
I Talked to very many people, investors, lawyers and other fellow landlords.Some say a LLC is a must and other says its a complete waste of money and a umbrella policy for 1 or 2 million is the way to go including a f...
Eddie C.
Transitioning rentals to a holding company LLC
Hello All,I had a couple questions regarding the best way structure and form the LLCs for my rental properties…….and some of the logistics behind it. I currently own 2 rental properties under my own name (w/ an umbrel...
Geronimo T.
Attorney retainer fee
I'm im process of structuring my LLC. Currently talking to board certified real estate attorney. Haven't spoken with CPA but definitely will as I expect them to work together to protect assets and make it tax effectiv...
Robert Fairchild
Zoning Question
Hi All - I have placed an offer on a home that had some questionable work completed. The original home was a 3 br 3 bath home. The home had 3 bedrooms and 2 baths added. The previous owner closed in the garage and ...
Jackylyn Monsdat
Looking for ADU help in Fremont, CA,94536
I Bought recently a House which has a Permitted SHED in the backyard as per the records and previous owner converted it to ADU( bathroom+kitchenette +wall heater) without permit to livable Space.A Fremont City enforce...
Karen Higgins
Branding your company
My question is about marketing / branding of our company. My husband and I are primarily buy and hold real estate investors and currently have 30+ units. They are separated into 3 separate LLC's for asset protection...
Tyler Hahn
Real Estate LLC Formation
Hello everyone! I kinda have an idea of the path I think would be good but I love the feedback I get from the members here!So, I want to invest in properties out of state (I live in PA, want to invest in OH, IN, etc)....