Hello BP Community, can anyone provide insight on the practicality of using a living trust to hold rental properties vs an LLC for asset protection? Thanks, Cheryl Burd

We (spouse and self) are in the process of transferring the duplex into an LLC (we are members) with a quit claim deal. The only benefit AFAIK is that the LLC protects us from liability. There is no other benefit with...

Fellow BPers,

Would anyone have a lawyer they would recommend for a closing in Greenville, SC?

Thanks,

Sree

Hey everyone,I've read a ton of posts surrounding the subject of LLCs and quite of a few of them with specificity to hotels, motels, etc. That said, most involve single owners so that's why I'm creating this thread. I...

Hi,
Today I spoke to one of the Attorney/portfolio company which offered a free consultation to talk to me about LLC strategy and ofcourse understandably also as a sales call to get me as their client.  
Basic Struc...

I have 2 rentals in California: one Single family and one triplex both in California. both properties are under my personal name. I am trying to learn different asset protection strategies using LLC. and Land trust. A...

Getting started in real estate investing.  Trying to figure out how to structure what I'm hoping to build.I've owned a decently successful online retail business for 10 years.  I understand, and have read more about t...

I am looking to purchase two properties in the Phoenix area. Both are in the same subdivision and one would be a rental while the other would become my primary residence. For liability purposes, I would like to hold b...

Would I benefit from having a LLC after getting my first buy and hold?

Hey there,I am finally about to close on my first multi-family. The hustle has been strong for 4 years now. I created an LLC a couple years ago and was wondering if there is a benefit to opening up a business savings ...