We live in Washington State (no income tax) and own properties in Washington and Indiana. The properties are currently held in our names. Our estate planning attorney recommended setting up a Series LLC in State of ...
We recently bought a 4plex in Colorado (yea!). Our other rentals are in Orange County CA and Scottsdale AZ, so we've never had to worry about pipes freezing/bursting. I have heard of thermostats that you can install...
Hi all, I am trying to open up an LLC for my first RE deal and I want to put cash into the LLC's account, once I've opened it without any taxation. Is there a limit to how much I can transfer to the LLC's account with...
In the last couple of years I have started to buying a couple rentals properties and they all have been cash flowing well. Recently I had a friend reach out to me and want to invest $10,000 or more into a deal with me...
Is there any need to set up an LLC or any separate entity for passive multi family investments? We set up an LLC last year for a couple of rental homes that we have but are now branching out into some passive syndicat...
I just bought a 3 family house in Central Ct with Fha as my first property. My father is my partner and wants to do a LLC to protect his personal house. I do plan on acquiring multiple properties in the future. Ive se...
Hello,
I am currently in the process of purchasing a multifamily and I have someone who is interested in doing a joint venture on this property with me. They willing to put down a 25% down payment. We plan to hold th...
So I quit my job in 2022 and so for the last year I have been working strictly on my properties. I never bothered with logging my time (because it was a hassle and I didn't think it would be much benefit) but now I'm ...
I'm in the process of setting up an LLC and my wife will likely be setting up an entity for a non-REI business shortly. I'm looking for book recommendations that explain how to manage the day-to-day requirements of op...
Hello BP!Looking for some advice on structuring property holdings. Background: my grandparents bought several properties throughout California. When they passed it went to my mom and her 4 siblings. There’s two MFH th...