Cliff T.
Better to start new LLC? Or use same one?
Hi all, looking to get some sage advice from the BP community...What is your strategy when it comes to starting new LLCs? My 2 investment partners and I started an LLC for our holdings in KCMO, but we're looking to ex...
Matt Hays
California Dreaming (Entity addition)
I've been renting out a single family residence in San Bernardino county California for approx 8 years, and have been relying on insurance as my sole protection.I wanted to level up my asset protection game by creatin...
Wesley Brown
Can I invest in my Cousin's 1031 exchange?
Hi - My cousin is closing on a family farm he inherited and is looking to do a 1031 with a multi-family. He'd like me to be involved to manage the finances of it for a bit of sweat equity and I'd also like to put in p...
Account Closed
Land trust
I am going to get a rental property here shortly. I have not began investing in real estate to this point. What would make the most sense in terms of maximum protection for myself. I plan on building up to multiple re...
Account Closed
Changing Lease term mid lease at Landlords decision
I have a unique situation that drives a need to reduce the term of the lease. Tenant has not been paying on a timely basis and other significant factors (without elaborating..) that drive the need to do a workout pl...
Daniel Cannon
Material Participation hours with spouse and business partner
Our Situation:Two couples, new to real estate investing, each with one working spouse with a high income (W2 and 1099) and one non-working spouse plan to go 50/50 on a new construction STR which will not close until S...
Derrick Reyes
CA LLC With a MI Property
I own a CA LLC. If the CA LLC owns a rental property in MI, do I have to register the LLC as a foreign entity doing business in MI? Thanks in advance!
Saleh Sedighi
Legal and asset protection for California residents
After reading couple of books and many articles i got the feeling that living in California and doing investment is not legally well protected Long story short I’m looking for a good way to protect my future assets an...
John Philip Eugenio
Transferring RE to LLC
Good evening BP community,I currently have 3 houses in CA: 2 rental and 1 primary. Both my rental properties are under VA loan with 4.5% and 2.5% rate. I bought these houses as primary residence back then. I would lik...
Sipan Y.
Start an LLC in California
I am a newbie and I am planning on investing in real state and starting fix and flip, and buy and hold. Currently I live in San Francisco, California. Any suggestions/recommendations on how to set up my LLC in Califor...