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Hello All.I’m going to start an LLC to buy an investment property in San Diego,CA. I need an LLC for access to funding (hard money or otherwise?) and I’ve been told starting an LLC in Wyoming is beneficial. As state...
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My husband and I purchased a duplex about a year ago and occupy one side and rent out the other to a wonderful tenant. When we purchased the property we did our own research on state laws and used outlines that we fo...
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So I finally closed on my first commercial property in San Diego on 12/31/12. The escrow placed the property under my name and my wife's name but I understand I need to move the property to a LLC for asset protection...
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There comes a time for many of us starting out, particularly in rehabs, where we wonder what exactly our contractor is doing; or where he is; or why he needs more money RIGHT NOW?! In fact, that time seems to come for...
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We are moving to another home that we have renovated, and will be renting out our primary residence on a long-term lease. The rents are good in this area, and it should cash flow well. I will be managing the property ...
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Just curious if anybody has had any luck getting their money back from a guru? I signed up for Rich Dad training over a year ago and have taken 2 of the 4 classes we paid for. We were at a point in our lives when t...
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Hello Community, Im looking for advice. I currently am burning the candle at both ends, running around so much and in turn, loosing efficiency in my rental business. I currently have 18 doors (rented), 30-35 storage...
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Another question in the what if category. I am curious to the details and differences between purchasing a rental property from someone who owns the property through a LLC or just buying the LLC. What tax or other iss...
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I own a single family rental that does very well and I live in my other SFH in the same town. Right next door to my house there are 2 properties, both 6 unit 4 bed 2 bath apartments. According to public record and inf...
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When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...