Westin Hudnall
50/50 partnership. Difference between dissolving a partnership and exiting a partnership ?
Hi Gurus and Gurets ;)Our business has 8 rental properties meant to be held long term:My business partner says there is a difference between exiting a business through exit strategies listed in an llc and disolving a ...
N/A N/A
LLC on the first property???
Hi all, this is my first post here on this forum after the intro in the new member area!
Here is the situation, my fiancee and I are thinking of purchasing a duplex to maybe a fourplex for us to live in and rent out ...
Chris Allard
Mortgaging a home for 75% loan to value question
I'm sure this question has been asked a million times on this site, but I could not find it through the all the posts on BP. I have bought a home for all cash under Market Value through my corporation (lets say 170K),...
Bill Mitchell
How fast can you setup an LLC?
I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
Lex Shan
Tax: Transferring property from LLC to husband and wife name
My wife and I own an LLC 50/50 and the LLC holds title to residential properties. To take advantage of lower interest rate, all banks require us to hold title in personal names. I was told transfering proeprty from LL...
Christine Wilcher
The debate between Personal name & LLC's
Hello! I am curious to know. I have purchased 2 properties via house " hacking ". I purchase, do a light rehab and then rent it out after a year or 2 so I'm slowly scaling. I started an LLC about a year ago because I ...
Ramon Vazquez
LLC vs Umbrella Policy
I have seen several old post on the pros/cons of having an LLC and umbrella policy. I was hoping get some recommendations on whether or not I should seriously consider starting an LLC (California resident) and/or umbr...
Adam R.
Protecting Earnings; Partnership, Corporation, etc.?
Almost 2 years ago now, I started my 5 year plan to save up to buy my first house. I decided on a strategy that includes cash, stocks, and bonds to allow my money to grow. As my asset of stocks has grown, it has gaine...
Dalton Chmelik
LLC or business structure for rental investment property?
Just curious how rental property investors structure their business. Would like to learn what the best business structures are for rental property investing.
JT Williamson
Investment Company
What are peoples take on setting up a corporation or something along those lines for their investments? Up to this point we have done it through our personal accounts. Are there any benefits to setting up a corporatio...