Maura Paler
How many loans can we have?
We have 3 mortgages, one is a second home, the other 2 are investment loans for vacation rental properties. All 3 are in both husband and wife's name. We are going for our 4th, and have our eyes on a 5th property. My ...
Ethan Kramer
Closing a rental property in a week and need a lease contract
After hunting for my first investment property for several months, I've finally secured a townhouse in Baltimore, MD and I will be closing in a week. I am trying to have everything ready, so I can begin renting it out...
Stephen Dropkin
Looking for Advice - Adding an Owner, LLC vs Trust
Good afternoon,
I am a relatively new member, first time making a post, and looking for advice on a couple of questions that I have. I am grateful for a resource like this and am hoping the Bigger Pockets community ...
Deba Douglas
Should I put my Rentals under a LLC
Hi, my husband and I recently purchased 2 duplexes in the north Texas area under our names. We are wondering if we should put the leases under our LLC as a way to protect ourselves? Is there any tax benefits for leavi...
Account Closed
Establishing an LLC
I am a newbie investor and I am preparing to set up my LLC. Is it okay to use someone like LegalZoom to set up my LLC, or should I go to a local attorney. I did not know what the advantages/disadvantages of each...
Amber Kay
Hello! Starting out and seeking path forward
Hello, as most of you, I'm inspired by what real estate can do and I'm hoping to get myself into for my family.
My situation: I'm currently in school, no job. My husband has a w2 job and we own our primary residence...
Neil Copeland
Reducing Income Tax Strategies
Need some help from some seasoned professionals. I had a great discussion with my CPA today about a number of things that I needed to know, and she really tuned me up. I will have a solo 401k soon, and I already hav...
Ray Tapay
Newbie Numbers Analysis. Expenses Too High?
Newbie here trying to learn how to calculate numbers. I just picked a property on Redfin for practice called the insurance company to get a quote and asked around for water and sewer prices. However, my expenses based...
Moran Eldar
Should residential properties be under Individual LLCs?
Hello,
I have been advise so many different ways to structure rentals. Most recommended to open an LLC for each property and title the rentals to the LLC.It is a lot of administrative work and I am not sure what will...
Brian Tome
Should I give my wife a larger interest in business?
Alright Bigger Pockets Peeps,My wife and I are thinking about setting up an LLP to invest in real estate and I wanted to know if anyone has experience with the benefits associated with being a "woman owned business." ...