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Dear fellow investors,My post comes in part 1 and part 2; the efficacy of the LLC protection, the other to address the setting up an irrevocable trust in a community property state.1. Questioning the level of protecti...
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Does anyone have any insight on setting up a single member LLC for flipping properties rather than rental properties? I have heard that S-Corp entities are better for the flipping method, but I'd rather set up an LLC...
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We've been doing all the set ups and structuring ourselves for our LLCs but looking to possibly move to a firm who specializes in setting up and structuring LLCs for real estate. Has anyone used Anderson Advisors and ...
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I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
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Remove or move if this is the wrong topic, but I have a question for the "gator"/EMD lenders. Pace Morby has a chart that he shared in a video, I think by accident actually, that showed his flat rate fee for EMD lend...
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Do any members have any suggestion for a good asset protection Attorney, not looking for a sales person, looking for a good asset protection attorney, in the Ohio area preferred, or someone familiar with our laws.
Fo...
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I have 4 properties. My attorney suggests the best thing for me is one LLC per home. I asked my lender, who is great, and she has concerns with individual LLCs - she says many lenders will not lend to LLCs or properti...
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Do you have your Estate Plan / Trust in place? If not, then you are not protected from wealth destruction and the Big 4.Most come on Bigger Pockets to learn to invest and build connections. Then they realize the need ...
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So I am military, originally out of CA so it's my "home state"/residency but very easy for me to change as I am stationed out of CA and have been for a long time.I own several properties in CA and one in WA. I had a c...
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Hello BP community,
I currently own two LTRs (one in MS and one in CA), and will hopefully soon own one STR (CA). All of my properties are currently owned directly by me.
I've been advised to hold each property in ...