Joseph Beilke
Florida - Mid-Term Rental Question
We have a mid-term rental we are getting ready to list in St. Augustine, Florida, minimum rental will be 30 days. My question is are we required to get a license through the Florida DBPR as a "transient public lodgin...
Steve J.
Should I create an LLC?
Hello BP,I am house hacking a single family and living in the basement. I hired a PM for the top unit, and they are requesting my social to report my rent income so it can be taxed. Since I am house hacking and this i...
Andrew Merritt
Quitclaim to LLC, Due on Sale Clause Triggered
Hello, I have four properties and 10 units. All were purchased in my name. My accountant advised me to set up an LLC for them, so I did. I contacted my lenders to see if it would cause the due on sale clause to be ...
Farshid Faww
Starting new life with real estate and need help
Hey all, im new heresuch an awesome forum thanks to allso i want to start my new business and researched so much but as i dont know anything in this field i wanted to get help and others opinion on it, so here are cou...
David Rosenthal
Two units one is homesteaded, is the whole property protected?
Hi all. A Florida property that's zoned mixed use residential/commercial has two units, one unit is an apartment/residence, the other unit is rented to a business. County appraiser office says the apartment can be hom...
Account Closed
Forming an LLC out of state, living in California
Hi all,
Firstly, I would like to ask if anyone has a good real estate attorney reference in California?
Second, can someone help me understand costs around forming an LLC out of state while I live in California. I k...
Kara Courtney
LLC First then Purchase? And an LLC for each property?
I’m getting ready to purchase my first investment property, and I plan to purchase more.I am a realtor and already have an S-Corp set up for my salesperson business commissions.Should I purchase my first home in my na...
Derrick Lloyd
What state to form an LLC?
I am purchasing my first property as a buy and hold in St Louis, Missouri. I live in California. I think that transferring the property to an LLC is a very good option for asset protection, especially since I own a ...
Steve Shields
Best way to protect assets
I own (2) 4 families, (3) 2 families, (1) 2 bedroom short-term condotel rental and (1) single family (main residence)What is the optimum way to protect my assets? Should I establish a trust? Keep each property as an i...
Derrick Cooper
LLCs
Hello All,
We currently own 1 single family rental, and are about to turn our current residence into a rental as well. We have a $1 million liability umbrella. At this point would you recommend putting the rentals...