I am holding my properties in my own name, no LLC etc. For protection, I have a massive landlord and umbrella insurance (1m, 2m respectively). For simplicity, I have a website with "business name" which lists all the ...
So I'm pretty no to REI and I'm hedging on starting an LLC to put my first STR into. When you start reading about this and searching the internet one thing I find is true... there are many LLC formation services that...
I'm starting to rent out my granny unit as a short term rental. I have two units on the property, and live in one of them. Hello the beginnings of house hacking! I want to buffer myself and my assets, and have been ey...
I know many people use a DBA/LLC name as an agent, I like the idea for privacy.However, what if someone looked up my license number on the state Real Estate website, like California Bureau of Real Estate, will it disp...
I have been researching revocable trusts and came upon this interesting presentation that advocates use of a living trust in conjunction with an llc as the beneficiary:http://andersonadvisors.com/wp-content/uploads/20...
Hi, first post. I hope to learn a lot! So, I am looking at doing Airbnb/VRBO type 3-7 night rentals. My main concern is liability and what can I be sued for. It appears 401k's are basically untouchable anywhere and in...
Hey guys, I currently work with Royal Legal Solutions, out of Texas, to set up my LLCs and deed properties into them. I’m charged a monthly fee to “maintain” them and $550 to deed the properties into each LLC when I p...
In the sense that right now I own my house under my own name and would like to buy another house. If I start an llc, how do I move those houses from something I own to something the business owns? Should I even both...
Do I need to get an LLC and/or separate business accounts for my finances when doing a rental business in order to protect my assets against potential lawsuits?
Hello. I live in Los Angeles, and want to buy rental property here. I read that if someone sues you personally and finds that you have interest in an LLC that owns a rental property that person can take your LLC inter...