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Is it worth it to have each business/rental LLC be owned by a parent LLC and then a Trust?Just trying to determine the pros/cons and the necessity of it all? Im assuming an Attorney could easily transfer my LLCs owner...
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Howdy everyone, I've got a question for you tax and legal gurus. I'm getting highly differing feedback from my lawyer and CPA on the proper structure and taxation of Texas Series LLCs.
The CPA is advising that each ...
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Who would you recommend as a real estate attorney to form a series LLC in Texas? I heard Texas has very good laws.Also, all attorneys would say I must name the LLC myself, they cannot name it for me. What are some t...
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Hello all. The legal and insurance considerations for rehabbing are fairly clear to me. What about as a wholesaler? What specific documents or insurance plans are recommended for the best business and personal prot...
I’m looking for a bank, preferably in Delaware, that accepts Series LLC formation where I can open separate accounts for the individual series. They would be considered “protected series”, not “registered series”, so ...
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My business partner and I have found another investor interested into going into business with us. Although we would prefer to use him as hard money lender, he would like to purchase rentals with us instead. How shoul...
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I just set up a series LLC (I'm in UT). I own one property in Golden, CO and want to get it out of my name and into the LLC series name. The underwriter who I talked with says that before she can underwrite the "Add...
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A Series LLC is a helpful legal structure for real estate investors, allowing them to create separate "series" within one main LLC. Each series can own different properties, protecting each one from liabilities relate...
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Hi All,Loaded subject line, but here goes...I'm a licensed Illinois Realtor (about 2 years experience) in the Metro East just outside St. Louis, and I'm just about ready (after much paralysis by analysis) to begin inv...
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Hey BP! I am a new REI from Athens, AL with one rental property in NC, and my primary residence which I plan on eventually turning into a rental property as well. I have a few questions I would like to hopefully get c...