We are purchasing a 16 door (actually 8 duplexes) multi unit property in OK. Not sure if we should form an LLC for liability protection or just have it in our names? Any advice and help would be appreciated.
Hello everybody , I am currently in the early stages of building business credit & business Capitol (for my flips) and in doing so I know a lot of times you have to have these lines personally guaranteed due to la...
Hi all,For a series LLC, where each property is titled in a separate series, what is the best practice in your opinion for contractual obligations of those series? For example, if one series contains one rental unit, ...
Hi All,
How do you track your income and expenses for your STR? Especially if you're managing more than one property.
Thanks for your help
It's just myself, no other partners for now, so is it best to have more than one person to form a partnership or does it really matter? Is there any advantages of having a partnership?
Hi RE, I plan on renting and managing two properties this year. One of the homes is alreay paid off, and I plan on cashing out refi into the second home.It's now time to separate finances. I've decided to go with the...
There is a transfer of wealth occurring at a pace and rate that has never occurred in history. The most successful and asset rich generations, THE BOOMERS, (our parents and their parents) are now retiring and selling ...
I am married, but own a single family home "separately" from my husband (quotations because he has marital interest). I purchased and financed the property in my name so as to limit his liability a bit and to protect...
I want to set up a solo 401k (from my regular 401k) after I quit my job and go into real estate full time. I understand how to do this and that's not my question. However, I have personal savings outside of my 401k th...
Apartment building is owned by an entity <address LLC>. When sending notice letters to tenants I'd rather use another business name on the letterhead. <address LLC> isn't owned by the other entity. <a...