Hello all,I searched quite a bit and couldn't find this topic covered. I've got a series LLC with a single checking account and have three properties in it. My question is about how to efficiently manage withdrawing a...
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BP Nation,I'm looking for some help on how to properly configure a Series LLC for asset protection with Land Trusts for anonymity. My understanding is that this is the best modern method for holding a portfolio of inv...
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Hello everyone. I would like to get an LLC started but I'm not sure where to start. I thought about legal zoom because they may be less expensive than a lawyer. How did you get your LLC started? Thank you!
I have about 5 rental units in Chicago, that I own outright, along with a lot of personal equity. I'm planning on getting more rental properties but want to make sure my liabilities are in check and that I protect my...
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My questions are:1) I intend to be a life-long real estate investor within the State of Texas. I will be inheriting one property in the next month that I will turn around and sell immediately and then potentially purc...
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Hi BP Family,Recently I have come across a seller who is selling his Series LLC in Illinois with a portfolio of rental properties. I have never bought a LLC before and really would like more guidance on how this is do...
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Hi everyone!So there are two schools of thought with regards to both LLCs and bank accounts.Some people say an LLC per property, some people say a bank account per property...What about having multiple LLCs, but one m...
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Hello! I'm new here and just starting my biz with my husband. Did you start an LLC, S Corp, C Corp, or Partnership? Our Accountant suggested that we do a partnership but I've read that a C Corp is best. We are going t...
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Hello fellow investors, I am contemplating setting up my new rental property investment business via a Wyoming or Nevada S Corps holding company and one LLC per rental property I buy in multiple states. However, if I ...
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So I made the decision to do an LLC already.I want to protect my families home and assets and it’s likely just the best option for me.So now I have a decision to make... LLC or SLLC...I understand the benefits of LLC ...