Sophia Griffies
Series vs. Traditional LLC
There was a recent Bigger Pockets blog post about Series LLCs vs traditional LLCs. It sounds like some states don't allow them, but you can get one that is registered in another state. Texas, Delaware or Nevada appe...
Joe Arida
Self Directed IRA - Two Accounts 1 LLC?? Help!
Hi BP fam!I am setting up a Self Directed IRA and am just getting the operating agreement taken care of. I've been advised that the following setup is OK:I have two SDIRA accounts, one Roth and one Traditional. Both r...
Wesley Smallwood
Structuring a Deal with Equity Partners
How to structure a deal adding equity partners into a single member entity
Account Closed
I know another FHA question
I know that a 5 unit is a multifamily. But what if it has 4 units with 2 beds and one unit is a single bed, could i still get a FHA loan and say I live in the single, becuase it is required to do so. And another quest...
Dana N.
Filing Taxes with my LLC
Hi BP,Help!!! My tax person is saying I need to file for an extension. We have an LLC and I'm under the impression you file with your 1040 and have until 4/15/15.Does an LLC have to select an S or C Corp when filing ...
Dan Darby
LLC Name Change
First post here, awesome sight,
I am interested in investing in the rental property business.
I have used some tools from this sight and other internet research to form an LLC.
I dont like the name that I used for ...
Asher Knudson
Business Checking Or Personal Checking
I'm trying to get some answers regarding what kind of bank account I can use for my rental property. I have an LLC so I'm wondering if I can use my personal checking for my business or if I'm required to have a busine...
Account Closed
LLC To Manage House Hack
I am interested in getting into rental investments via house hacking. My eventual goal is to own a portfolio of properties outside of my personal residence, but the first two properties I buy will likely be house hack...
Hunter Thompson
Operating under a LLC??
I just spoke with an attorney and he suggested to me to form a new LLC for each property I purchase. He said it would add a layer of protection if something were to happen on one property, then the other properties co...
Trace P.
For LLC must payments be made from LLC bank account?
Hi! If I set up a LLC to hold my real estate, must all my business expenses be paid via the LLC bank account for annual accounting purposes? For example, my air ticket expenses, food during my business trips, hotel, p...