Hi I’m a long term investor who has two properties in CA that I’m planning to liquidate and invest out of state (I also live in CA). Not sure on exact markets yet but looking closely at Memphis and STL. I believe a SL...
I own a couple of SFH that I use as short term rentals. I'd like to continue to expand, but when financing a short term rental, banks usually want 2 years of tax returns. My problem is that my last 2 years of tax re...
I'm considering setting up my LLCs in Series and one thing I'm interested in doing is getting separate credit cards for each additional series. Can I do that or do I need everything under the parent LLC? Thank you!
I'm not sure which is a more beneficial way to set up my investments, series LLC or a statutory trust. Which is better for: tax purposes, having multiple properties, out of state properties, partnerships, anonymity, e...
Sorry if the below sounds like a rant but this is starting to drive me bananas.I've been looking to set up some asset protection as I have 11 buy/hold residential rental properties that are scattered across 3 states, ...
I’ve been hearing a lot about Series LLCs lately...Currently I have one LLC with 5 properties and another with 3 properties. Does it make sense to switch to a Series LLC if I plan to keep adding? Seems like a pain in...
(Posted in wrong category please delete)I have been doing a lot of research online while trying to figure out how I am going to restructure my rental business and one thing that has recently been introduced to me is t...
So I met with an attorney so I could set up my llc right. I told him I wanted a series llc and he said it wasnt legal in ohio yet but was in the works. Wondering how others here in ohio have structure their LLC's in ...
Hi BP community,When setting up your initial LLC for your investments, has anyone ever used a Series LLC for the ability to create multiple separate series under a main LLC? My understanding is that this is possible i...
I would like to setup a series LLC for my investment business. I currently have a regular LLC that I setup on my own. Is the process harder for a series LLC? Spoke with an attorney who was going to charge $1500 to set...