I understand that me and my wife can both be on our Texas LLC, and we can still file as a Single Member LLC so that we have a disregarded entity from a tax perspective, but we still have the liability protection. In f...
Hello I own and manage 10+ Properties and all have mortgage or paid off. iam not planning to manage any properties owned by others. Please don't advise about putting properties into LLC as i have went thru that route...
Good evening!I have a primary residence that is deemed - 80% rental and 20% primary on my taxes. I am renting out majority of the house.Entity holding question: When selling and doing a 1031 exchange, I believe you ha...
Hi there! My boyfriend and I (not married) purchased our first home in Nov. 2022. It's a SFH and everything is under my name. We're trying to figure out the best route for our second property. We'll need to have every...
Hi, I have two LLCs formed - one is Traditional LLC for Rental Management & the other is Series LLC for rental properties. The member/manager for the LLCs is a Trust. The Trust have grantor/beneficiaries as myself...
I'm buying a house for cash using funds from my personal accounts. My plan is to buy the property in my LLC name. When I refi, am I going to run into legal issues taking the cash back into my personal account? Should ...
If I were to raise a syndicated deal to purchase a large apartment complex (via a new LLC acquisition vehicle), could an investor use 1031 proceeds to invest in this LLC?
Hey all. Just joined and posting for the first time. I have historically made gains living in places then selling them. For the first time I am looking to sell a multi-family I never lived in and buy a new multi-famil...
What do investors do when they have multiple properties? For example, 15 different properties for rentals. Do they just create 15 different LLCs? For fix and flip, that would be a separate LLC too? Any clarification w...