I am buying my third rental property and want to hold this one in an LLC. I live in SC but the property I am buying is in NC (we plan on moving back to NC eventually). My question is: If I register my LLC in SC where ...

I am converting a personal residence into a rental and am wondering what would be the benefit of starting an LLC compared to an LLP?  The partner would be my wife.  I am thinking of possibly the benefits of an LLP bei...

When you hold a property in a LLC, does it release your private liability for everything?
Also when you don't pay your note?
Also when you mismanage your LLC?

Where can I verify this information?

Thank you so much ...

Hello Bigger Pocket Members, I request your advice from experienced folks. I live in Florida but I have 12  rentals up in Michigan. They are all currently in my personal name.I was considering putting even a $2M umbre...

If you’re reading this, you’re either wondering what could possibly go wrong when buying real estate investment education or unhappy with real estate investment education you purchased. Attempts at resolving issues wi...

Hello BP,I am a beginner buy & hold investor and in the process of acquiring my first rental property in California. I am also planning on forming a business entity mainly for tax savings. My questions are: 1.  Is...

Hi everyone, I have some questions about how to set up LLCs for my properties and would love to learn more about your expert opinion. Currently, I have two rentals. One is in California (I currently live in this state...

I have read through the forums, consulted my real estate attorney and insurance agent and have come to a dead end so I figured I'd start a discussion on here. My wife and I just bought a duplex and will soon be signin...

Hey BP,I am a landlord looking to expand in rental properties. I've done it the traditional way of using my credentials; credit, job/salary, personal info. to getting a FHA loan. Although, initially the property was f...

Hello BP Real Estate Attorneys, Tax Professionals, Attorneys,
What is the best "tax-optimized" asset protection strategy for a California resident who owns several rental properties in Ohio, Florida and Georgia (and ...