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I am a new real estate investor and I am closing on my first duplex in Milwaukee, WI this month. I took out a conventional mortgage (30yr/3.125%) and the property is will be held in my own name. I am trying to incorp...
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We are new investors and are looking to set things up the right way. Our plan is the buy one or two properties a year. After talking to our accountant he recommended that each property by under its own LLC to protec...
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When you are choosing to keep rental properties to yourself, or creating an LLC, what do you do? Can you still have a rental property business “ while not officially having a title such as an LLC
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Hey everyone. My wife and I are at the point in our investing where we need to properly set up our business for asset protection as well best business practices. We have 1 STR and 2 LTRs. Should we talk to a real est...
I have 2 rental properties from 2 different states and i am from a different state. I want to know how to protect them? Do I need to open any company/LLC, what are the possible options?
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Does anyone have experience or knowledge about using land trusts instead of an LLC, for both privacy and legal protection? I am not speaking of living trusts but land trusts. Of course the more private the entity the ...
Hello BiggerPocketorsMy wife and I just placed an offer on a townhouse, and we're pretty confident that the seller will accept it. We are also in the process of creating an LLC in the state where the property is locat...
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I'm a little stuck and could use some opinions on the matter. Every article or post I read seems to contradict the last to some degree, and each answer seems to create 2 questions. I am under the impression that for...
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A couple months ago, my partner and I purchased a single family home in Los Angeles from the previous owner. The house has a detached garage at the back of our lot that was converted into an ADU (Accessory Dwelling U...
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Part 1 of 5: What is a Deductible Buy-Down Program
Deductible Buy-Down programs are insurance policies a business/real estate investor can implement in their protection plan to lower the amount of deductible they h...