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I just bought my first property I am working with a lawyer charging $260 / hour. I have no idea what the standard rate is for these services ism particularly in Ohio, so if someone can provide some input here it would...
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As I understand an LLC provides a convenient asset protection and security.I currently own a multi-family in my name.I am wondering if it makes sense to transfer the property to an LLC.Thanks
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Hello BP,I know in general, most recommend using LLC when buying property to some way to limit your liability from the property. 1. Any disadvantage of LLC over owning individually?2. Do you get less preference from l...
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This question goes out to current Landlords and Property Management teams in Portland. Recently I have been hearing a lot about owners requiring their renters to provide Renters / Tenant policies before they move in....
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When lending private money is there a downside to having your own name on the recorded documents? I'm wondering if I should create a trust with me as the beneficiary to provide a level of anonymity. Although I'm not s...
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I'm self-employed as a graphic designer and am doing business as a partnership (my husband being the partner).
Since we are already paying the $800 a year for filing as a partnership and I've been told by my CPA tha...
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I logged on to my local MLS today and noticed a new message with an attachment from the US Dept of Housing and Urban Development (HUD) that speaks (in general) about how almost 1/3 of the US population has a criminal ...
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I'm currently living in a duplex, and getting ready to rent out my second unit soon. I will continue to live there with the tenant in the second unit, so this is a house hack. This is my first and only property, and...
Hello. I live in Los Angeles, and want to buy rental property here. I read that if someone sues you personally and finds that you have interest in an LLC that owns a rental property that person can take your LLC inter...
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Anyone want to share there experience and advice on putting properties in a LLC instead of personal name?