I am very much an aspiring investor in Grand Rapids and West Michigan and am checking off my list of needs (CPA, PM, capital, lending etc) but one area that keeps tripping me up is asset protection (i.e. umbrella poli...
Hey BP, I’m looking for some advice and opinions on structuring a REI business in Indiana.Are you doing all of your deals in a business name or your personal name? Is a Series LLC the best way to structure a buy and h...
I currently rent and have no real estate to my name. An LLC i'm a minority member of is undergoing an acquisition and my idea for planning for my tax bill is to start a new LLC just for real estate, and have the LLC p...
The cold hard truth is that if you are a CA resident and invest in real estate and own or plan to own multiple investment properties, and you set up an LLC to hold that asset, ANY state that you own property in and an...
I just set up a series LLC (I'm in UT). I own one property in Golden, CO and want to get it out of my name and into the LLC series name. The underwriter who I talked with says that before she can underwrite the "Add...
BP Gurus,
I need your expert advice on forming the company for my rental properties. I am very confused right now. My attorney is telling me that lets open the series LLC and move all the rental properties to...
Fellow BP'ers,Thanks to the quality of this site, the Bigger Pockets "meet up" that we've formed locally (Mid Cities), and meeting/networking with some great people, my wife and I are closing on our 3rd single family ...
Considering setting up a (TX) Series LLC under my self-directed 401k trust. Has anyone done this? I set up a series LLC last year, to handle my rentals, where I am the sole member. I'm wondering if there are wrinkl...
A tax question (that reads like a test question, but it's really not that complicated).Do any Tax Experts want to weigh in on this potential investor question?If a Texas LLC has any investors in California, does this ...
Good Afternoon,So I just have a quick question. I am going to syndicate apartments so should we have a company name "LIV Real Estate" and that will be our company LLC. Then when we acquire properties we create a seper...