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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...