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When I started looking into this I thought it would be straight forward, but its not...Thought experiment: I am in Ca and I have an LLC devoted exclusively towards my real estate investing. I have my own money as wel...
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I have been recently thinking of asset protection strategies and came up with my very own.I know most landlord do umbrella, trusts, and/or LLCs to protect from lawsuits. However, no one ever talks about DEBT as an ass...
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Hi All, I was doing some networking over the weekend with a person who made big in the Commercial real estate (retail) and he suggested me that, first advise I can give you is, don't deal with people/ rentals. Because...
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I have heard that you should be an LLC and then file as a S corp. My accountant to day told me that i should just be an S corp due to a few reasons. I am new in the real estate game and would like some opinions and...
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Hey what are you doing outside of an LLC for asset protection in regards to rental property? I have heard of these "bullet proof" irrevocable trust but I haven't met anyone personally that has had one set up for them....
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Hi there, I am looking for my first House Hacking investment and planning to use an FHA loan, I am currently located in Chicago, IL.
Question 1: Can I apply for FHA under my name, live in one unit and then, rent th...
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Hi
If I buy under LLC, does the LLC have to be 'Manager' kind to protect ones interest and safeguard from liability.
Do I need to consider putting it on to a trust or something.
Thanks
- Anl
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Hello Everyone,
Thank you for taking the time to read my post. I'm currently navigating the complex process of finding a reputable asset protection attorney with expertise in real estate. My journey has introduced me...
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Hi all,
I live in Indiana. I've got enough money saved up to purchase my first investment property. I'm looking at a simple single family home or possibly a duplex (it would be a buy and hold strategy so basically re...
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I keep hearing about having a LLC when talking to lenders I need to use hard money to get started what is a llc and how do I find out any help would be appreciated thanks