Jeff Morris
Setting up company/corporation
This is my first post on BP. Looking for best info on setting up company for investing business. 1. is there a one-stop source on BP that I am unware of, or other source I should look at?2. What type of corp is best, ...
Olga Fomenko
Wyoming LLC with member resident from California
I'm starting an LLC for money lending business. The attorney suggested to open a Wyoming LLC for tax and asset protection. My issue is that a managing member lives in California and the operations manager lives in Flo...
Jennifer Hollstein
Renting a 2BR to a Parent with 2 children of different sex
We have a recently divorced applicant wanting to rent a 2bedroom apartment. He has 2 children boy age 9 and girl age 13. He does not have the children full time but he does weekends and other random weeks.I was under ...
Allan Conway
Wisdom of using LLC(S) to buy/sell real estate
Formed a LLC with a partner to buy and rehab a property primarily for the liability protection its supposed to offer. Have found it impossible to borrow money (history less than 2 years), difficult to insure, can't ho...
Andrew White
Rented Out My First House--Now What?
Hi Folks,I'm new to the BP community and real estate investing in general. It's good to be here! In the last couple months, my wife and I were successful in renting out our first house (our former primary residence of...
Alyssa Magyar
Best Landlord Insurance for first rental property (no LLC)
I will be renting out my current primary residence starting in 2023 and wont be able to transfer the property into an LLC (they will most likely call the loan if i do) I am looking for alternative means of asset prote...
Mary R.
Owner of 1/2 of a house
As owner of 50% of a house, what items should be in a contract with the other half owner to protect us both as singly and as partners planning to hire a management company and rent the house? Both owners are out of st...
Brian Bradley
Delaware Statutory Trusts (DST) and Investors
Thank you for visiting this forum. If you are hear you have heard about the Delaware Statutory Trust (DST) and are looking for more information on what they are, what they are good for, how do they work in protecting...
James Kirby
Is it okay to be open and honest about Felons
To me, this is not a discrimination issue it is a protecting my neighbors and other tenants thing. Can you be straight up honest with your tenants and others in saying if you or others have Felony convictions that inc...
Miranda M.
Operating LLC but home under my name
Can I create an "operating LLC," keep the house in my personal name AND still be protected? I ask because I just purchased a property in Austin, TX. In TX, we don't pay income tax. We pay property tax. To protect home...