I’m curious to know how other people are structuring their entities and properties.I have a mix of properties from SFR, shopping centers, office buildings, single tenant commercial buildings.Currently, I have each ent...
I know that when you buy rental properties it's wise to keep each in its own separate LLC to limit liability and maximise asset protection etc.
However, let's say you have 30 rental properties, 30 different LLC's a...
Hello,
I recently purchased a duplex and realized (...) that there is a single gas line and a single thermostat.
Can anyone give me advice on how to structure the leases for the two tenants to account for this. The...
Hello,I am new to Real estate. I am in the beginning phases of interviewing my dream team which includes an accountant. For the experienced investors what questions should I ask my accountant when starting up?What acc...
Hi BP members; Formed an LLC registered in Colorado (state of residence) using self directed IRA (wife & I) in 2016. Finally purchased a residential single family home in Tucson, Arizona July 2019 using 50% mortga...
Talked to an attorney yesterday (large downtown firm) about forming an LLC(s). She said you have to maintain it by having meetings, writing resolutions about decisions and keeping minutes. Really? By myself? How do yo...
Hello BiggerPockets!I'm currently looking at properties to house hack as I start my journey into real estate investing. Because I am just starting out I want to be proactive and lay a good foundation that makes it eas...
Hi all,
I'm looking to purchase a small apartment building and was wonder if I should create a new entity to deed it into or should I simply use an existing one? I currently own a couple single family homes ...
Need feedback from everyone. I have read up enough on Qualified Opportunity Fund/Opportunity zones that I feel I can create the fund myself but i am a little hesitant to make a mistake. I intend to 1. Create a LLC wit...
I wanted to bring this debate to the forum that I am having with a friend who is also an investor.
The debate, if an owner has several llcs ( all single member) for holding rentals, and one additional LLC acting as m...