Should I become an LLC? Pros and Cons? I have two rental properties in Massachusetts. I am wondering if my legal responsibility will increase if I get a business license?
We are considering buying our first multifamily property in Ohio and plan to hold it within an LLC. We're trying to decide between forming the LLC in Ohio or Wyoming.
We've heard Wyoming offers stronger anonymity wit...
I live in California. I am buying property in Ohio. I was thinking I should start an Ohio based LLC for this property. Any thoughts or ideas would be appreciated.
I'm living in California and I'm in the process of getting a rental that is out-of-state (OH, specifically). I just recently found out about the ridiculous CA Tax for a Foreign LLC operating/doing "business" in CA, wh...
I am renting a room in the house I live in to a tenant living well below his means. He always pays on time or early, he's tidy, and he's even handy and helps fix things around the house. Parties have always been a pro...
Looking at a property,Listing says 2 family, C of O from the '20s says 1 family duplex.Owner seems to "not know"How can I use this to my advantage / how can I protect myself in situations like these?ThanksNick
Need advise on how to set up best and practical asset protection. I Live in CA. Have multiple single family Properties in various states. Ca lawyer says single member LLC are not really a protection in CA. Need to for...
I am a relatively new investor and haven't yet put any properties into another entity. I currently have two SFR's (self-managed) and am in the process of turning my current primary residence into a third SFR and movin...
Hello everyone, I am new to Bigger Pockets and investing in property. I am 27 with a full time job and currently "house hacking" my home. I purchased a home in Whittier CA about 4 years ago for 300k and its currently ...
So I am "house hacking" my primary residence I live in a mobile home in San Diego, CA. I rent half of it for over 1k per month. It barely covers the space rent and utilities. I also use my house as a home office. I'm ...