Joseph Kirk
LLC on two different properties with different partners?
Hi everyone,I currently own a rowhome with my brother (50-50%) that we fully rent out. Now in about a month, I will be closing on a duplex with my girlfriend (50-50%).As of now I do not have an LLC for either. How sho...
Brittany Baird
Asset protection for new landlord
Hi there, I have a single rooftop with three units fully rented in PA. I’m a NJ resident and have an LLC incorporated in the state of NJ. I made the LLC to use for my consulting business but accepted a w-2 position ...
James Simoes
One LLC for multiple properties?
Give me your friendly personal pros and cons.I am creating to mainly have the ease of transferring ownership of LLC, operating more efficiently, scale up and having the protection of a DE LLC.
Alex Mason
Investing in the Albany & Troy New York Markets
Hello Bigger Pockets Community, I am interested in investing in the Albany New York or Troy New York markets. I have been targeting 4-10 unit properties in the area as a cashflow play. However, I am a bit concerned a...
Anthony J Ruma
Multiple state investment properties LLC
Hell BP!I’m looking for some help regarding LLCs and having rental properties in multiple states. If someone could provide me with a little information on how to obtain, or any legal help would be much appreciated. I ...
Zaid Badabwan
203K mortgage and renovations
HelloI have made an offer to a property using 203K loan to buy and renovate the property. I have come to know that the contractor should be approved, and I have some questions:1. Can I take only the purchase part of t...
Luke Tetreault
Benefits of Having Wyoming Holding Company
We are fairly new to real estate and were told to set up our LLCs under a holding company in Wyoming. The people who we worked with in the beginning that had us structure our business that way are no longer accessible...
Todd Dexheimer
Cost Segregation in Syndication
To the companies that are syndicating and LP investors: What are your thoughts on cost segregation studies? 1. Do they save your investors money over the life of the hold?2. If your investors are W2 emloyees, how do y...
Shae Langley
When to get an LLC?! Or No LLC?
Is there a general rule of thumb on when to create an LLC?I'm in California and know LLC's are expensive. But is there a cut off when you reach $xxx amount of income from your investment properties is when you should...
Jake Hill
LLC for liability protection
I own a rental property and I want to separate that property from my personal assets. Can I form an LLC for a property management company to rent out the property instead of listing my personal name on the lease? I do...