Luis Delgado
Transferring Condo in WA to an LLC
In May of 2020 I bought a condo in Seattle as my primary residence. Then in August of 2022 I moved to Florida, and rented out my condo to tenants, but the condo remained under my name. As I've learned more about real ...
Christopher Peters
How to structure a RE partnership with my sister?
Hello BPers,I’m embarking on my first RE partnership with my sister. I’m the financier and market/property analyst. She’s the project and property manager, property manager, and networker (boots on the ground). We’...
Florencio Nayve
Withdraw IRA/401k or use Self-directed IRA to purchase a rental property
Hello everyone,
My wife is turning 59 1/2 yrs old soon. We're planning to buy a rental property using her IRA and old 401k and we're wondering what's the best route to take. We’re just old and confused. Is it better ...
Lauren Heart
Holdtime before 1031 exchange?
Hello fellow BP'rs!I have been trying to find concrete info on laws...but it seems to be a grey area? I acquired a new unit and I'm now looking at a 1031 exchange of a portfolio (5 units, commercial financing) into s...
Ryan Farnworth
Do i need to register an LLC in the state of the property?
I am based out of Utah and have an LLC here. I'm buying a multi-family unit in Ohio. Do I need to establishing LLC there?
Vlad Denisov
Question to those of you who represent wealthy individuals
Hello everyone!Question to those of you who represent wealthy individuals: do you recommend your client to send over anything where he puts his signature? Do you actually check every document that your client ever sig...
Steve Shields
Best way to protect assets
I own (2) 4 families, (3) 2 families, (1) 2 bedroom short-term condotel rental and (1) single family (main residence)What is the optimum way to protect my assets? Should I establish a trust? Keep each property as an i...
Jerome Nunez
Business Structure (LLC or Holdco)
Hi BP Community - I'm kicking off the home buying process and wanted to get thoughts on the best legal structure for both real estate and small business (e.g., laundry mat, self-storage, car wash) investment.
Chris Walters
How to Obtain Credit Card for Small Business
Good day, I recently opened a business bank account and mention to the banker that I would like to obtain a business credit card in order to avoid using my personal credit card for online business expenses. The agent ...
Danny Cerecedes
LLC Advice
Hey BP if anyone would like to share how they have their LLC set up that would be greatly appreciated!!I've already received some info on how to set up a LLC from a different post which was fantastic.Here's my situati...