Keani Le'a Barnes
LLC for Managing Rental Properties
Aloha Everyone! My husband and I are born and raised in Hawai'i trying to go beyond affording the "price of paradise"...We recently began investing out of state in Ohio and closed on our first property 2 weeks ago. ...
Amir J Reichental
Which address to use when buying a property under LLC?
I'm buying a property under my LLC and the title company asks which address I would like for the deed and municipal documents.Should I provide them with my home address or my LLC address? Not sure what are the implica...
Satyajeet Dodia
Is my Entity Structure overkill ?
I need some guidance since i have got diff opinions from diff CPAs on my situation. I have three LTRs (in TX) owned by a TX Series LLC. The TX LLC is owned by a WY LLC (as per advice/plan I had received from Anderson ...
John Leah
Out-of-state LLC for anonymity? And tax reporting requirement?
Hi,I have a 2-part question seeking some level of clarity from the group as my own research has not been conclusive.I would like to set up a LLC primarily to hold RE investments like private equity/debt funds or syndi...
Michael Albaum
Elderly tenants in building
Hey BP,I’m doing my DD on an 8-unit in the Norwood, OH area and during the building inspection, it was found that a very elderly couple lived in one of the units and appeared quite ill. The condition of the unit was a...
Sunil Sharma
Need advice for forming a LLC in Nevada or Wyoming
Hello All,I am in the process of creating a LLC and wanted to know where should I establish the LLC; in Nevada or Wyoming. What are some of the pros and cons? Our Scenario: We are planning to do business in IL and TX ...
Brant Schumaker
Private lending and sensitive information
I am researching private lending options for my business and the thought dawned on me that these types of transactions are typically individual to individual. What sort of due diligence can/should I do on the lender t...
Dar Shan
Transferring Multi Family ownership to son
Hi Everyone, My dad is buying a multi family property in South Carolina and our plan is to transfer it to my name after it is bought because he doesn't want more equity under his name. Anyone know what would be the ea...
Allen Martin
How to know if A private lender is who they say they are?
Hey, I recently posted here on BP about needing help finding lending on this MHP I am purchasing. I was contacted by A guy who claims to have a lender who wants to lend me the money so he sent over the lending documen...
Timothy Joseph
Big decision ahead, the name....
It's time to start a new LLC for my rental properties. I'm trying to come up with something funny, maybe a big pun. So far I have come up with pretty stupid stuff. My favorite so far is.....Wait for it....El El S...