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Results (3053)
Elizabeth Jackson Should we switch properties to LLC?
25 December 2019 | 3 replies

Hey all! I’m looking for some input. We currently own 3 rental properties across Texas, Virginia, and Washington State. They were all originally Owner occupied and then turned into rentals when we moved. I’m wondering...

Sean Gallagher Running an LLC
14 October 2008 | 10 replies

I formed an LLC a little while ago since i was looking to get a commercial loan and wanted to keep everything within the business. I soon found out that I need atleast 20-30 % down to get a commercial loan... So i've...

Aaron Van Curen No Contract Yet, Received Some Money, Recently Formed LLC
5 May 2017 | 9 replies

I'll try to keep this as short as possible. I recently got two properties under contract under my name. I have a private lender who issued a certified check under my name (directly from HIS account) to pay for the ear...

Tim Bee LLC or liability insurance
19 January 2023 | 4 replies

I have heard of a case where the lawyer was able to somehow poke holes in the LLC that enabled access to someone's personal assets.  I have also heard of a case where the tenant sued the LLC that contained several oth...

Chris Shuptar Question about using equity.
6 August 2016 | 1 reply

I'll try to make a long story short. I own a townhouse that I have rented out for two years. Cashflow is great. I have about $100,000 of equity in the property. How can I use that money to finance the purchase of anot...

CR Baca Going through a divorce, how to shield futures property purchases
5 February 2019 | 2 replies

I am going through a lengthy divorce. It is nearing completion but still a month or longer away. Recently an opportunity has arisen on a small ranch. Would establishing an LLP shield this potential property from the d...

Sidney S. What entity should I create?
30 October 2015 | 28 replies

Hi everyone!My husband and I are planning on jumping in to the Chicago market and are pursuing fix/flips. We are having trouble deciding which entity(LLC, S-Corp, land trusts, etc.) to create and are looking for advic...

Mineto Anfield New LLC
5 July 2013 | 9 replies

I currently have 8 SFRs in my LLC. Is there a suggested number of properties to have in an LLC? When or should I look into setting up a second LLC for future properties?

Anita Z. Should I form an LLC ?
17 July 2024 | 7 replies

Hi, Is it best to form an LLC if I have 8 rental units? I Know I can get an LLC online, but do I need a business license or should I get one if I'll be managing the rental units?What are the pros and cons if any?

Jacob Munson Benefits of an LLC when starting out
24 May 2023 | 9 replies

Hi! I plan on moving to Denver in the coming years and plan on turning my current residence (2B1B condo in San Diego) into a rental property. I have someone local to help me manage the property but I was curious about...