Hi BP,I live in California and I'm forming an LLC with another person (who also lives in California) in order to buy 5-10 rental properties (small multis) this year in Kansas & Ohio.My CPA is telling me that I sho...
I plan to buy a new primary residence and rent out my current home. I have an LLC set up for real estate, but it is not being used. My question is regarding putting it into my LLC when I rent or leaving it in my own n...
Our family is moving abroad for a few years, and I'm questioning whether it would make sense, and what would be the benefits, of putting our rental properties in an LLC. It's 2 properties, single family homes, in the ...
Hey BP Fam, I had a thought about what would happen, and would it be worth it, to place my primary residence under my LLC and then charge myself rent to live here. I saw a bit online that stated it could be worth it i...
A little background: We are in WA.We have heard about people in the tents gam starting LLCs. And we are wondering if we should start a LLC and why...So we bought our first house about 4 years ago and lived in it for a...
Hey all! Man Ive got to say I love this site! Great job!!
So here's my question. I own 3 properties free and clear. I live in the 3rd property. I will be financing a 4th and will be my residence. This 4th property I w...
Hello everyone! I have a couple questions that I was hoping to get some feedback for, and any help/input from you guys would be much appreciated!My situation: I own a SFH that was my primary residence from the time I ...
Hey everyone, thanks for the help in advance. I'm new to the forum and looking for some advice on LLC formation. I have an investment property purchased several years ago that I will be putting on rent in the next mo...
Usually HOA's are headaches because of their overbearing requirements, but what do you do when the HOA isn't performing? We have a condo (really a townhome but run as a condo) where the other residents pile trash outs...
In recent years my Mom (59) and I (36) have been partnering together to make our first moves into real estate investing. In this arrangement she is essentially a silent investor and I manage the properties. To date th...