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...
Question to current Home Owners,
Has anyone put their home into an LLC or other kind of entity for asset protection or
tax benefits ??
I just bought a single family home and was wondering if i should put it i...
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 ...
Hello all-My wife and I are looking to kick off the new year by jumping into our first multi-family investment property. We have narrowed our search Criteria to 2-family properties in North Jersey. I have experience...
I have one rental property with passive losses. I do not have any other real estatement investment property but do I plan to invest in REIT and tax liens in future. Does it make sense to convert my rental into LLC or ...
I currently own 6 single family rental homes in my own name (value ~700K total). I have landlord policies on each. The general/personal liability coverage on each policy is $100K. I also have the general/personal liab...
Hello! I’m a novice that’s ready to start leveraging. Here’s a list of questions and my situation. I’m 54. I’m still working and have slowly acquired single family homes and have them all rented. I own 5. 2 of the 5 a...
Hello All, I currently own 5 rentals, but i am having difficulties getting financing on another "investment" property after speaking to multiple banks, they seem ok with giving me a loan for primary residence, because...
I have just purchased my first investment property, a duplex which I have rented one side and assumed the other as my primary residence. I assumed residence primarily in order to use my VA loan however I plan to move...