Phillip Scalise
Do tou pay monthly Lawyer/LLC fees?
Hey guys, I currently work with Royal Legal Solutions, out of Texas, to set up my LLCs and deed properties into them. I’m charged a monthly fee to “maintain” them and $550 to deed the properties into each LLC when I p...
Christine Hamilton
LLC For Rental Property?
Hi all, new here! We are planning on purchasing 2 STR in NC, which we will vacation at throughout the year (one at beach other in mountains). We want to make these properties each their own LLC. Spoke with a local l...
Chantelle P.
Seller Financing
Hi, I'm a newer investor from Orange County CA with a couple of SFR's and I'm looking to sell one of them. My current renter has been there for a few years, has been an excellent renter and would like to purchase the ...
Dani Zee
How to structure one separate entity for marketing different rentals (held in LLCs)?
Hi, I've searched everywhere for hours can can't seem to find a good answer to this question. If I have different rental properties, each owned by a different LLC, what's the best way to market and do business with m...
Min Kim
Getting a new lender before closing?
Hey everyone,So currently we’ve been in the process with a lender who has been difficult at times. One thing that bothers me is that they won’t do a “float down” unless it’s a whole percent, but other lenders allow it...
Kyle Johnson
First Rental and Business
If you have one rental should you put it under the name of a business? When do you typically want to separate your properties from your personal stuff?
Christine Mauro
Section 121 capital gains exclusion eligibility if LLC?
I lived in a condo from May 2011 until August 2015. Then I moved and turned it into a rental property. I am planning to switch the condo to an LLC for liability protection -- but now I wonder if that is the best str...
Michael Smith
Transferring property in LLC
Hello,
First time poster and was hoping to get perspective or advice. I have one property currently and want to know if it’s worth the money and effort to transfer my condo to an LLC before buying a new property as m...
Warren A.
Subpanel with fuses and aluminum wiring 1940 home - safe?
I closed on a single family home in Little Rock, AR in mid May 2021. It was built in 1940 and is ~1700 sq ft. The tenant is a Housing tenant (section 8) , has not moved in yet , but has passed the Housing inspection....
Zehua Zhou
Will my single member LLC veil be pierced if I am the borrower
I currently have a few single houses for rent which are directly under my name, and also the mortgages are under my name.
I am considering to move the houses to an LLC 100% owned by me. But I don't think the borrower...