I’m looking into the best way to structure multiple LLCs for buy and hold properties and stumbled upon the series LLC format. Does anyone have experience with a SLLC?
Hi BP fam,
I need to incorporate, but don't know if I should go with a LLC or (S)LLC, is there advantages from one over the other? is there any company in the BP network that is recommended to use to incorporate?Rega...
Are there any general guidelines for what type of entity is typical for a note business? Outside of notes, you typically do your buy and hold in an LLC, but your active work (wholesaling and flipping) in some type of ...
I recently began my journey to Fast FIRE through multifamily rental properties. My husband and I are both MDs, so asset protection is always a key motivation for us. I set up an LLC prior to purchasing my first prope...
Hello Everyone,I currently have 6 units in Washington State that I would like to transfer to an LLC. I am also in the market for an 8 unit soon in Washington state. I'm looking for recommendations on a Seattle area at...
Hello, I am new to this forum.I already have a property series LLC registered in Nevada. I have 4 properties located in Nevada which I am creating a quitclaim deed to transfer to the LLC. There will be 2 members of th...
Hello, Having dealt with properties in 5 different states in over 6 years, owned/lived, flipped, and some rented and now one Lease option with R20), I am still struggling with how to structure entities that really...
I'm getting a few different point of view on this from equally qualified and experienced house flippers. Here's the scenario: you purchase a house using 123 Main St, LLC. You fix up the house. You sell it to an owner-...
Hello, I am working on setting up an LLC to purchase our first investment property (a 4-unit). I have read about series LLCs in Missouri, and I think that is the direction we will take. Since this is our first investm...
After talking to a lawyer, we are pretty sure we want to set up a Texas "series" llc to hold the rental properties and another LLC to manage the rental properties that we have but there are some issues that boggle my ...