Jeff D.
Does where I form my LLC affect my local conventional financing?
Hello fellow BP Readers,I'm in the process of deciding where to set up my first LLC and I'm intrigued by Texas and their Series LLC. However, I will not be making my property purchases in TX but rather GA. I'm aware t...
Bob Joe
LLC for each state in REI?
Is there a reason for REI not to just open a separate LLC for each state and purchase under that LLC?
ie. I buy property in Florida under a Florida LLC, Texas under a Texas LLC etc.
wouldnt that be the easiest way...
Carol D.
How to structure LLCs
Today Big Picture Retirement Podcast had the topic of:
Protecting Rental Property
https://www.bigpictureretirement.com/protecting-rental-property/
My question that arrises from this is.... "Is this overkill?" (They...
Dolev Shemesh
Starting out an LLC?
Hello, I'm a beginner real-estate investor with few properties in my portfolio. As i'm trying to expand I was think about opening an LLC. Will an LLC provide me with any tax benefits? what are some of the benefits (be...
Brent Tice
Transfer properties to another LLC
I would like to transfer some properties in one LLC to another. A Title company told me I can transfer properties from one LLC to another by paying a 3% transfer fee + document preparation fees. Option #2 which is les...
Toan Pham
Another Partnership Structuring Question
My friend and I are planning on investing in a SFR rental property in Houston and are unsure the best route to take in regards to structuring the partnership. I've gone through forums and other online resources but st...
Aman A.
LLC in which state and tax return complications
Hello everyone,I live in Washington state and have a few rental properties in Alabama. I want to open a LLC for any future buy and hold deals and keep the properties in an LLC. The LLC will be owned by myself and my w...
Kenneth Burke
One LLC or multiple for each property ?
I'm a relatively new investor with three SFR's, looking to buy #4. I've been advised by my CPA to create a separate LLC for each property, along with individual business accounts for each. From what I understand the L...
Arden Ballard
Is there an updated post/new info about series LLC's?
I was just reading this post, found it interesting, and then noticed that it's nearing a decade old... https://www.biggerpockets.com/blog/2010/07/06/the-series-llc-experiment-looking-for-guinea-pigs/Does anyone have u...
Brett Loetz
All in the same LLC?
I have two rentals and right now I am about half way done with my 2nd brrrr house. The rentals are owned by my LLC just for them. I am wondering should I be operating a second LLC for the management side? I do a lot o...