Tim Harris
Limited Liability Corporation (LLC)
I need advice as an out-of-state landlord on how to set up an LLC in Cleveland. Is there any reason not to do this? Also, could you recommend a reputable law firm to help establish an LLC.
Ryan Krown
LLC to get started w/ buying duplex/triplex & house hacking
Do I need an LLC before I purchase the property or only once I am ready to start renting on VRBO/Airbnb?
Nicholas Mahon
Looking for Tax advisor, RE attorney, financial planner in NJ/NY
Hi BP Carebears!I've asked a few questions on BP gearing up to buying my first owner occupied rental property and everyone has been very helpful. I'm hoping to purchase in Jersey City, NJ and am looking for recommenda...
Daniel Rutherford
Handling Down Payment and Closing with LLC
I am closing soon on a property that I am financing. My plan is to do a quitclaim deed after closing to get it in my LLC's name. Obviously one thing I want to be sure of from a legal standpoint is making sure I am t...
Christina Oka
LLC and tax accountant when starting
Some experience / guidance needed! We hope to buy our first property this year out of state (looking at a couple different states). Should we wait until we get a property to get an LLC because we don’t know where yet...
Theodore Rivera
Need advice with Setting up LLC
Hi BP Community,
I just walked out of an attorneys office with regards to estate planning and setting up a living trust, and included in our discussion was setting up an LLC for my real estate property. Based...
Alex U.
Umbrella Insurance vs Wyoming Holding company holding California LLC
For your buy and hold properties, to my knowledge there are 2 predominant strategies.1. Keep properties in your name or in a trust, get $1M worth of liability insurance for a few hundred dollars and rent out the units...
Gabe Smith
Real Estate Lawyer Questions
What do you think would be some good qualifying questions to ask of a prospective real estate lawyer? For context, my business partner and I are just starting out in real estate investing in the Boston area, and we ar...
Andrew Hunt
Partnership LLC for House Flipping
Hi all -Do you have any tips on the best legal structure on partnering for a fix and flip?I met with another rehabber yesterday, and we'd like to pool funds together. We'll be using hard money on most flips. Our plan ...
Darian Richardson
Starting a LLC in Nevada
Hello BP,Through a few networking events I am being advised not have my properties in my own name for asset protection purposes and legality reasons . One of the strategies that I ran across was opening an LLC to have...