I wanted to bring this debate to the forum that I am having with a friend who is also an investor.
The debate, if an owner has several llcs ( all single member) for holding rentals, and one additional LLC acting as m...
We bought a single family home near downtown Denver, gave it to a builder for constructing a duplex after doing a quit claim to an LLC in 2018. The Duplex finished building in Summer 2019 and we sold it in fall 2019. ...
My husband and I want to start flipping houses. Do we need to form an LLC and operate as a business or can we just buy/fix/sell under our own names?
Hello,
I am an aspiring investor looking to acquire my first rental property. I am hoping to find reputable lenders who lend based on the asset, not the borrower. I do not have any credit which is something I know ...
Hi all:
I've got two rental properties that I'm about to put into LLCs via Land Trusts. I'm pretty confident this will take care of my concerns about homeowner liability and the "due on sale" clause.
My remaining c...
Talked to an attorney yesterday (large downtown firm) about forming an LLC(s). She said you have to maintain it by having meetings, writing resolutions about decisions and keeping minutes. Really? By myself? How do yo...
Should I become an LLC? Pros and Cons? I have two rental properties in Massachusetts. I am wondering if my legal responsibility will increase if I get a business license?
I have an LLC already, for a separate, future venture, and my wife has a DBA for her teething jewelery business under our LLC. We're about to move out of our primary residence and use it as a rental. I plan on continu...
We are moving to another home that we have renovated, and will be renting out our primary residence on a long-term lease. The rents are good in this area, and it should cash flow well. I will be managing the property ...
The more I research the concept of forming an LLC, the more confused I get. For the gist of my understanding, proper insurance should cover you for liabilities. But on the other hand, an LLC formed on a specific prope...