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I am in the beginning stages (just setting up website and getting business cards) and I was thinking that leveraging the older marketing of the "We buy ugly houses" might be a good idea. I settled on the name Steve B...
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I have 3 Properties in NV held in an LLC. In addition, I have 3 Properties in CA - & I am planning to move them to an LLC as well.
I have been advised to get an Umbrella Policy in order to protect my asse...
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Howdy BP,
I'm just beginning to contribute to community forums, but I have previously written about recent successes with the utilization of seller carried financing. In my previous post I highlighted that the proper...
Hi all, Long time lurker and first time poster. If this isn't the right place, feel free to move it.I purchased a rental property many years ago and have been filing taxes under my personal income since I never put it...
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I am in the process of closing on a duplex here soon, also inheriting a tenant so I'm ready for that too, very excited/nervous, I am ready for the ups and downs of managing rentals.But I was wondering if anyone knew i...
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I've read in a couple of places that persons who have "made it", strongly recommend giving back. They have said that by giving money away, it has come back to them many times over. I haven't read any specific example...
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Unfortunately, I lost my Mom a few years. As a result, I have a beneficiary roth ira. This is a great asset because any profits are tax free and distributions are not penalized or taxed. It is currently self-direct...
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After a number of Joint Ventures and gap lending deals in Canada and the US, my journey towards becoming an active flip investor in the US continues. I just completed an asset protection conference in the US and there...
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Hi BP,I am very new to entity world here. However, I have recently been looking into asset protection for our rental properties. Two companies came up 1) Andreson Advisors 2) Royal Legal Solutions. Anderson set up a h...
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Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...