Joseph Tarallo
rentals and llc help
@darrensager I'm curious to know what most property owners do when it comes to protecting yourself and also tax purposes. I read some pros and cons for putting rentals in an LLC. The one that concerns me the most is...
Govind Vartikar
Ownership personal vs LLC
Hello, I am looking to purchase rental that will finally reside under LLC and will be using bank financing. What stage of the process(before going in contract, between contract and closing or after closing) is optimal...
Kris Mehta
Transferring home into LLC vs not?
Hi everyone! I am thinking of putting my house on Airbnb in Austin. I have a STR license from the city. I'm a little worried about getting sued if a guest hurts themselves on my property. Would you recommend me transf...
Account Closed
To LLC or not to LLC
After listening to the podcast with Ken McElroy, I bought Ken's book, The ABC's of Real Estate Investing, and it's phenomenal!
I have a quick question though. There is one section where he poses a hypothetical dialog...
David Seale
Using Seller's Title Company Because They "Already Opened Title"
Newbie investor here and am uneducated on the choices I have for a situation I'm in.I've always heard that the title company of choice used in a real estate transaction should be up to the buyer and that the buyer sho...
Mel Park
UMBRELLA insurance vs landlord insurance
I own (1) primary residence and (3) rental properties. Long and short, switched all my insurance. including auto to one company. The quote was cheaper, service was responsive. One one of my rentals - AFTER issu...
Account Closed
Electrical Outlets - Three Pronged No Ground Wire
Can anyone recommend that safest yet least costly way to deal with the following issue.
It is past time to replace my e...
Edward R.
Insurance Co. Jacked up rate when discovered alarm system removed
So I renovated a property last fall/winter and had an alarm system put on it (simply Safe). Then in April we switched the policy to Metlife and still had the alarm and stated so. Late may/Early June we removed and t...
Neel Patel
Outlet in HVAC Closet
I'm trying to install some LED rope lights around my balcony/deck area and ideally I'd like to plug the lights into my HVAC Closet rather than using the outdoor outlet that I have to have a cleaner look. I'm attaching...
Bob Battel
Dual Commissions?
Let's say I have a property for sale. Let's say I have become dissatisfied with my Realtor, and I switch to a new Realtor. So my first Realtor is Realtor A and my new Realtor is Relator B. Let's also say that each con...