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Results (10000)
John Rooney LLC vs Sole Proprietorship
8 September 2019 | 20 replies

Hi everyone!I have been debating creating an LLC or conducting business as a sole prop with DBA (doing business as).  Currently, I do not have any properties.  However, I plan to purchase my first rental property in t...

Account Closed Asset protection strategy tier list: Worst to BEST
13 January 2024 | 6 replies

Now that you have an asset, let's talk about asset protection. Below are a few strategies I've ranked from worst to best, which offer varying levels of protection. Worst:
- No coverage, held in your name.
Bad:
...

Ashley Oyirifi Title Services for Hard Money Off Market Deal?
29 March 2023 | 5 replies

I have an off market deal under contract. It’s a purchase from a wholesaler who is assigning me her contract. I’m using hard money for the purchase. The lender expects me to use a title company. This wholesaler wants ...

Kristi C. LLC or trust?
4 March 2021 | 50 replies

I am new to real estate and rentals. I bought a duplex last year in July and it's rented out now. I am wanting to know about LLC and trusts. I was wanting to make an LLC, but someone who is a landlord here said to jus...

Darrick Lowe How to buy multi-family with no lease tenants
8 September 2018 | 4 replies

The majority of multi-families I have been looking at have tenants in place without a lease.  They are paying month-to-month.  Tenants are well protected here in NY.  Let's assume that the Seller provides bank stateme...

Rachelle P. Deposit Returns to Domestic Violence Victims breaking a lease
12 July 2017 | 6 replies

I have a tenant breaking a lease 7 months early, claiming there son is a victim of domestic violence. I have no desire to unduly penalize these folks, but obviously this is a huge hassle and it has cost me advertising...

Austin Largusa CPA Help! Properties in Multiple States
30 July 2021 | 3 replies

Hey Yall - I live in California and own properties in Ohio and Tennessee. Definitely need some help.
Trying to figure out the holding company/land trust/umbrella policy/LLC conversation. 
Theoretically, I'm thinking...

Mathew Collins Can you put the house you live in into an LLC to protect it.
14 May 2018 | 14 replies

So what I want to do is protect my house with an LLC while living in it. I own the house outright.  Is this a good idea?  Can it be done?    I will also be buying another property soon as well and would like ito to be...

Tony H. Confused with LLC setup
10 June 2024 | 10 replies

Hi BP,I have done readings on LLC setup for rental properties. I am now confused as I kept seeing different ways people do things. I have consulted with 2 different CPAs before and they told me 2 different ways.We cur...

David Tang Renter's Insurnace when there are multiple tenants
17 June 2024 | 14 replies

What are people's thoughts around tenant's Renter's Insurance in Chicago? We recently signed a lease with tenants (2 people - Person A & B) where they have 1 renter's insurance. Person A has the renter's insurance...