So I have an LLC for all my flips. I plan on doing some eventual buy and holds as well. Should I have an umbrella insurance policy? What kind of protection do flippers here on BP have?
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How to form an LLC? How long does it take and which state is best to form an LLC? I have properties in GA and I live in VA.
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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...
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I think I came across this idea on BP but cannot find that post. Basically to protect from lawsuits one creates a property management company as an LLC. You rent the property to the LLC and the LLC sublets it to the t...
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How do you go about transfering a property you still owe on into an LLC ?
And..is it even necesary for tax / legal purposes ? Meaning - I'm going to form the LLC for liability protection but wonder if I need to then...
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I have 4 properties in DMV area. I would like to transfer the ownership from me to my LLC (I am the sole proprietor). Can someone help me understand the following? What is the process to transfer properties to LLC?Doe...
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Thinking of of investing in a condo in Panama City Beach. Any advice about the market trends in the area? Should I put the property in a FL land trust or claim the poperty under an LLC and pay to operate in FL?
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Hi everyone!New investor here, trying to learn as much as I can from all of you veterans out there. Thank you in advance for your advice and help!In general, does having a good umbrella policy offer adequate protectio...
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Hi BiggerPockets community,I’m in the search of a new insurance policy for an Airbnb house hack.About the property:Located in Jacksonville FL Historic District-3/2 home that my girlfriend and I live as our primary res...
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I want my first proterty to be a investment property to rent out, And I want to do it through a LLC with the small business I own. I am aware there are business loans and what not but how can I use it for real estate...