We currently have an LLC that holds our residential rental properties. Tenants pay rent to that LLC, that LLC pays the property taxes, and that LLC hires contractors/handymen. We do pretty extensive renovations after ...
Just getting started in real estate and I keep seeing asset protection as being very important. How do I determine what kind of protection to have S-Corp LLC or both? Can anyone explain how I could have both and what ...
I have plan on buying a duplex and house hack by renting one side and Airbnb the other side. The plan was to purchase the duplex and than put it under an LLC to protect my asset. I was told I can't because I would be ...
Hi there,I’m planning on becoming a private lender to some local investors. I would appreciate any insight from people who do this routinely, any resources to share, such as agreements, etc.. I know I would need a pro...
was told that a two member LLC is more favorable for flipping activities for two reasons:
1) much less likely to be audited vs a single member llc
2) much more difficult to pierce the corporate veil compared to a s...
Ive been reading a-lot about lending and how to get approved for the loan you want, I recently came across a section about how creating a LLC will turn residential lenders away from you. I was planning to create a LLC...
Hello, My wife and I are in the process of turning our primary home into a rental. I created an LLC, and the rental address is not the name of the LLC. My thought was to give the LLC a generic name, and the rental cou...
I'm in the process of registering for an upcoming sheriff sale, and have the choice to register as an individual or with my business LLC.
I'd rather register as an individual, but I've noticed that all of the recent ...
Hey guys- MANY of you don't see eye-to-eye with me on issues relating to our market. But I think we would all be on the same side of any conversation about landlord rights. Washington (state) has this thing called t...
I understand that a Notice of Non-Responsibility is mostly used for tenant/landlord relationships however will it offer you any protection from subs if they are hired and paid through your GC? I have my GC sign a lie...