I have been doing a lot of research online while trying to figure out how I am going to restructure my rental business and one thing that has recently been introduced to me is the series LLC. I was going down the path...
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
Long time lurker on BiggerPockets and very grateful for all the great info I've found here over the years. My wife and I are moving out of our current home and going to rent it out. My wife is the only one on that mor...
Hey, guys
So, I've read multiple times to not hold all of your properties under one entity (LLC) because this places all of your properties at risk in the event that your entity is sued. Instead, a number of entities...
Has anyone created a Series LLC? What are the pros and cons? At what point in an investor's portfolio would he/she need a series LLC and umbrella policy?
Hi everyone,I am an out of state investor in the Kansas City area (Missouri side). I am using a Series LLC structure and am having some trouble finding a KC bank that I can use to open a business checking account (and...
I live in Kansas, and have a few rentals in Kansas and Missouri. I would like to structure my rentals for privacy and liability. I also manage all and do repairs, sometimes hire contractors if I can not do the work.
...
Hello everyone, long time reader and podcast listener, first time poster... Here is my current situation... This year, I finally made the leap and purchased a duplex and a SFH, all rented, all cash flowing beautiful...
Even though the state of Texas enacted legislation creating the series llc back in 2009, few people are using it. I am interested in your feedback. Have you heard of this? How are you using them? If you are new to ...
Even though the state of Texas enacted legislation creating the series llc back in 2009, few people are using it. I am interested in your feedback. Have you heard of this? How are you using them? If you are new to...