Kat Hughes
Asset Protection - Proprietary Irrevocable Spendthrift Trust
Hi! I recently went to a RE conference and there was a company there called Platinum Trust Group (platinumtrustgroup. com) that told us about proprietary irrevocable spendthrift trust. Basically, they're saying that ...
Jeevs Pothen
Will using an LLC to manage property protect me?
Hi - this is my first post here, thank you in advance for your replies.In a few weeks, I will be closing on a new primary residence and plan to rent out my current residence. I still have a mortgage on my current resi...
Chris H.
First time buyer (owner occupied) after investment purchase
Hello BP community,I'm looking for some help. I currently rent and do not own property. I'm looking to purchase an investment property first because buying a house for my family right now, financially isn't in the ca...
Kenneth Burke
Is it dangerous to mix business-personal finances with LLC ?
I recently refinanced the mortgage on my primary residence and combined the loans I took out to purchase my investment properties. I have three single family, long term rentals with separate LLC's and business accoun...
Account Closed
Asset Protection in Pennsylvania
In the short time that I have been on here, I have followed many discussions that touch upon asset protection. While doing some research on the topic, I learned that Pennsylvania does not have a homestead excemption....
Chris Kirkman
Best state for holding LLC for taxes?
My wife and I have the strategy of owning investment properties under LLCs formed in the state each property is within and want to place all these LLCs within the ownership of one holding LLC. We live in California i...
Pat Bruton
LLP or LLC???
I am converting a personal residence into a rental and am wondering what would be the benefit of starting an LLC compared to an LLP? The partner would be my wife. I am thinking of possibly the benefits of an LLP bei...
Matt Smith
Properties in California: LLC in Nevada or Wyoming are BEST?
I have rental properties in California. I want to better protect myself and have an LLC. I heard that having an LLC in Nevada or Wyoming offer max protection. Is it true? Even though I reside in CA?
John Boyd
llc's, and primary resident property
I just put my my primary residence into my llc, is there something wrong with that? should I leave it there? I also have my rental there too.
Tam N.
Newbie and LLC
Hey expert investors.
I have a primary resident in California and a investment property in New York. I am putting my investment property under an LLC + land trust. my question to you guys is does it make sense to also...