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What do you all do legally to protect yourself from being sued by your tenants.
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The reason is because its a Fannie Mae property I have to have the contract in my name. I spoke with an attorney that told me that the only way to transfer it into my LLC is to default the loan. This doesn't sound l...
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This is my first investment house. I am closing a new house in 2 weeks. When I want to rent out this house, I am thinking of leasing it to an LLC which will have both me and my wife as members and that LLC will be lea...
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In the process of applying for a FHA loan with the intention of buying a fourplex (live in one, rent the rest) and begin my journey in RE investing. I have a few questions:Do I need to start a LLC to protect myself a...
I understand that most MHP/Associations require approval via a credit/background check for perspective tenants for their lots.To those who invest in units in parks, do you submit to these credit checks or are you able...
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Just finish listening to Episode 196 with Brandon Hall who is a licensed CPA. He mentioned that forming an LLC is important. What are the benefits of forming an LLC for rental properties?
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Hey everyone! What are some good book suggestions for business structure, asset protection, and taxes? Looking to find a book about corporations and the best ways to structure and protect them! Thank you in advance!
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Looking for advice on what the best business entity set-up should be for husband/wife real estate team. Not sure if its best to hire an accountant or a tax attorney for this advice. If anyone has a referral in the R...
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I currently live in NYC and own 4 out of state rental properties. I have 2 in OH, 1 in SC, and 1 in PA. They are all currently in my name, which I realize is a bad thing to do. I'm looking for a way to form an entity ...
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Hi Guys, I went on a purchase frenzy this year and I think it is really time for me to sit down with a good CPA and an attorney to discuss the best option to protect my family and personal assets from the risks associ...