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Results (10000)
Monica Chan Pros and Cons of a LLC vs umbrella insurance for rental property
21 July 2018 | 10 replies

Hi everyone,

I’m a newbie to Bigger Pockets and am excited to learn from and to know this community of knowledgeable RE investors! So I’m just dipping my toe in real estate investing and am about to make an offer on...

Jeff Ausdemore Series LLC book keeping
24 October 2018 | 9 replies

Good morning!Just wondering if anyone has any thoughts on bookeeping for a Series LLC?  Our CPA recommended separate checking accounts for each property in a Series LLC.  Seems like there could be a simpler solution w...

David Floyd LLCs vs Insurance only
21 October 2018 | 5 replies

I inherited some rental properties in Fl and also own some of my own.  All of the properties that I inherited never had insurance and were in my fathers name.  Some of my properties were insured and after hurricane Ir...

Alexander Beaulieu How to Legally Protect Ourselves
6 March 2019 | 6 replies

Hi all, I'm a first time investor and I'm looking to set up some legal entity to protect myself before investing in properties. I've spoken to a couple lawyers and have been told the following two options are my best ...

Mrinal A. Asset protection setup prior to first investment
1 March 2024 | 5 replies

Hi all, I wanted to get some opinions regarding this topic. Asset protection is obviously important for everyone. I'm a physician and so exposed to more liability than the average corporate job. Given this scenario, d...

Jaime O'Gorman Fair Housing Act and Smokers
21 April 2018 | 13 replies

I know that smokers are not considered a protected class, but I was wondering where I can find more information on this. Can anyone tell me if this is stated in the Fair Housing Act? I haven't been able to find this c...

Abby Weaver Lease STR property to LLC for operating/property management
1 August 2023 | 9 replies

Financed my first STR to get 90% loan, so property is in my name (not owned by LLC).Any benefits to leasing personally held vacation home to my own LLC, to help keep business expenses separate from personal & long...

Mary Jay What is the best entity to hold real estate- taxation wise?
5 May 2020 | 10 replies

Hey guys, Could you please help me out?Lets say I have one paid off property, if I put it into a trust- taxes seem pretty high...So its a no go...1) If I put it into a one member LLC then taxes are paid by the LLC own...

Joseph Hernandez What does a wholesaling Memorandum Protect
26 October 2023 | 6 replies

What are all the protections for the wholesaler using a Memorandum? What should I state in the contract in order to protect me from the seller canceling the purchase and sale agreement?

Allen L. LLC owning other LLCs bank account best practice
14 July 2021 | 31 replies

Hi all, I was reading a book by Rich Dad Advisor Garrett Sutton and he mentioned opening a Wyoming LLC to hold LLCs operating in other states with weaker LLC protection. I wonder if anyone have done this? 
My main qu...