Hey all,I recently closed on a 3 unit property which I am going to house hack which brings my portfolio to a total of 5 doors (including the one im living in) and am curious if it would be wise to have an LLC for each...
About 4-5 months back, I was notified via constant contact by a local auction company of an upcoming property that I had interest in. 10 days before the auction date, I was notified that the auction had been cancelle...
I have formed a Series LLC for my rental properties. What are your thoughts on utilizing Protected Series 1 as the management protected series, responsible for managing the operations of the business? Protected Series...
Hi BP forum, Hope that everyone is doing well. I have invested in two DSTs. In one Delaware Statutory Trust, the properties are located across different states (Illinois, Kentucky, Ohio, Tennessee). I have no idea...
HI, I am looking to move my rentals into a LLC. I would like to hear for anyone who has been sued. What worked and what would you do differently if you could?
My team and I have an LLC that is the titleholder of our first investment property. We did not bring in any income last year. We want to write off start up expenses and start depreciating the property. We are seeking ...
I've had the same person do my taxes for the last few years, but he seems to have disappeared this year. I guess I shouldn't have waited this long to reach out to him, but in prior years I'd set an appointment with hi...
So I figured I would share this with everyone see if anyone has any experience with this and provide insight:Backstory, foreclosed on a condo in florida which the original mortgage was only $31k. HOA fees are $350/mon...
We are closing on a property in FL this week that will be used as an investment property (rental). I have a few family members who will be passively investing. We will close the property in our name, and then transfer...
I read a business plan for multi-family properties and I had a question on use of LLCs. It recommends you have one LLC for the PM and then a separate LLC for each property.
If so, I'm wondering to you handle that...