Garrett M.
Legal lease signed by manager? Owner wants to remain anonymous
Hello BP friends! I need to write a legally binding lease for a single-family property I'm going to be managing for a friend who doesn't want to be named on the lease. I manage my own small portfolio of rentals and I ...
Brian Bradley
Separate Your Children Or Assume All Risk
The fact is that not all LLCs are the same. Some are just better for asset protection then others. The best LLC structure is the Series LLC. Like any good parent, we want to protect our children. This is accomplishe...
Marisa Alvarez
LLCs in Wyoming for Asset Protection
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 ...
Gabriel Wheeler
Starting an LLC Online
Hey guys, new investor in Grand Rapids, Michigan looking for some advice. I think I want to start an llc to protect my investments, but I'm not sure what way to go. Should I just get one online? Is there something els...
Camille T.
Land Trust to LLC- Asset Protection
I found this article to be very thorough and helpful in understanding Land Trusts. https://andersonadvisors.com/wp-content/uploads/2014/03/Pros-and-Cons-of-Land-Trust.pdf
Account Closed
What are people thinking?
I get a lot of negative energy come back at me in the business world and specifically in the Real Estate world. I understand that the world is full of negative people and nothing is going to change that. What I do not...
Greg W.
Individual LLCs and/or Holding Company?
If you have one property, you put it into an LLC, get an EIN and a business checking account for it and run you income and expenses through it. No problem.Now say you have 35 properties and each are held in individual...
Quincy Baker
Trusts /Double Closings
Suggestions?When wholesaling what are some good ways to maintain anonymity while keeping your deal from falling apart? Any suggestions on double closing in escrow, or the use of trusts? Are buyers generally familiar a...
Ragav Go
Moving a 1031 exchanged property to a partnership LLC
Hello - I did a 1031 exchange of my single family rental property (the Title was under my personal name) to a multi-family property a couple of years ago and the multi-family property was Titled under a single member ...
Janet Behm
Multi-Family Will be Fined $500 per day for failure to file
The U.S. Government is nailing real estate investors
to the wall in a bold move to control financial crimes.
BOI is yet another Federal program, “Beneficial Ownership Information”.
The BOI program, a key tool in th...