Is it Smart to use a land trust, for each individual property. and then have the LLC as the trustee/personal representative of all the trusts. then put myself as the beneficiary of the trust
Hello,I'm getting ready to do my first deal, and was thinking about proceeding with getting an LLC.I attended a Fortune Builders event several months ago, and was contacted by a company called Nevada Corporate Headqua...
Hello,I own a house in Long Island NY that I paid off in full last year. I want to put the house in an LLC to keep it separate from me but I'm worried since the LLC is brand new I won't be able to pull money out ...? ...
I've been researching creating an LLC for real estate investing. I've been watching some videos by Anderson Business Advisors in Youtube (specifically this video: https://www.youtube.com/watch?v=XdSp5GXbiE4) where the...
Help! Our CPA suggested we form our LLC in Arizona because thats where our rentals are but a business lawyer thought it was weird that he didn’t suggest forming it in Las Vegas, NV (where we live) because it Should be...
Hey Guys,Do you have any experienced tax attorneys in real estate that you recommend for setting up a proper LLC for RE investing and Asset protection? I am actually going to be investing mostly as an LP in multiple ...
I am a relatively new investor and haven't yet put any properties into another entity. I currently have two SFR's (self-managed) and am in the process of turning my current primary residence into a third SFR and movin...
I was researching LLCs and how to set them up when you are an out of state investor. There is so much information and it's getting confusing and seems to be pretty costly to organize everything.
It seems like anonym...
Hi all,I currently have 4 properties.One SFH in Memphis in a Memphis LLCOne SFH in Dallas in a Dallas LLCTwo Duplexes in Dallas in a NEW JERSEY LLCHere are my questions if someone can help.1. Does the LLC HAVE to be i...
Hi all, EU based investor here looking to do flips and buying rental properties.If we form an LLC with a mix of resident and non-resident members, will FIRPTA apply?