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Results (3816)
Keith Meyer Proper Configuration for Series LLC with Land Trust
21 September 2019 | 19 replies

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...

Fred Tracy Managing Accounting With Several Properties in Single LLC
15 January 2020 | 6 replies

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...

Tabitha J. How did you form your LLC? Lawyer? Legal Zoom? etc
15 October 2017 | 12 replies

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!

Joe Jackson How to protect my liability on rental properties in Illinois
9 November 2016 | 21 replies

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...

Tyler Sample Please Read!; Texas Residents; Creating an SLLC a good idea?
13 January 2020 | 10 replies

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...

Nazz Wang Buying a LLC in Illinois
8 August 2014 | 3 replies

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...

Tom Chen LLCs and bank accounts
26 June 2017 | 14 replies

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...

Bonnie Donahue Setting up your biz? LLC? Corp? Partnership?
3 June 2019 | 18 replies

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...

Robert Carlson One LLC per Rental Property? How to Manage Them Efficiently?
31 October 2019 | 19 replies

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 ...

Ian Sinclair Tax Time... Is it harder with SLLC vs. an LLC ?
16 August 2020 | 13 replies

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 ...