Louis Van Der Westhuizen
Using an LLC to acquire RE when the LLC has no credit history?
Hello fellow investors, my question today relates to the use of an LLC for beginner investors. I understand the value of using an LLC to protect myself from personal liability, but here is what I am struggling to get ...
Chris VanAckeren
Revocable Living Trust for personal residence?
Good morning! I have a rental property (townhouse), i plan on buying more, but i am currently in the process of closing on a house that will be my personal residence. Should i get a revocable living trust for my perso...
Iris Hou
Do I need to hire a lawyer?
I'm a newbie from CA trying to invest in my first rental property in TX or some other states with healthy RE market (good cash flow and landlord friendly). After doing a lot of research, I heard a lot of different opi...
John Boby
Purchase my Personal Residence under LLC
Hello, I am married and planning to purchase my Personal Residence in California under single member LLC. What about the 121 exemption if I purchase it under single member LLC?
Elizabeth Conklin
LLC for one property -yay or nay?
I am hopeful that this question is not too basic. :) I have one rental property and wanting an LLC to manage expenses (avoid co mingling) and set up a more professional business structure for future purposes. Ques...
Todd Krzeminski
Wyoming Bank Required for LLC?
I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
Account Closed
Ask me questions on Real Estate Tax Strategy or Investing. Answering all Questions.
As a specialized real estate CPA serving investors nationwide, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your renta...
Ron Alexander
Being fully covered against Tenant Lawsuits / Rental Properties
Hello Everyone,I owned 3 single family homes,I used to rent 2 of them and decided to sell all of them to have money to go into flipping,the reason I decided to do this and quoting rentals is that I am OVER (maybe not....
Matt Herbert
Help with structuring my business
Hello all,I'm relatively new to BP, but I've been dabbling in Real Estate for 5 years now. I've decided this is my year to become more intentional. I own 4 properties, and am under contract for a 5th. Currently I do a...
Michael Lamb
Setting Up LLC
I am just starting out. I don’t own an investment properties yet. Every time I listen to BP and they are talking about having your LLC set up properly, come tax time, I never know what they are truly talking about. I’...