Account Closed
LLC or sole proprietor?
Well... I have been talking about if for years. I think for many, a may have sounded more like a talker and not a do-er. I'll be closing on my first 2 unit in a week or so. I just went ahead with the formation of an L...
Joshua DeGroate
Moving into new home, renting out old home. LLC concerns.
Hey all,My wife and I recently went under contract on a new home. Our intentions are to rent out the house we are currently living in. We want to start an LLC for the tax benefits of being landlords and managing the p...
David Little
Two LLC related questions
1) If I choose to create an LLC for each of my rental property investments, does each one have independent credit rating?2) If I do have an LLC, what are the advantages / disadvantages to having the LLC own the proper...
Tristan Desforges
Moving, want to rent my house out - LLC or no?
Hello everyone! I am moving out of state and would like to rent out my house rather than sell it. I am wondering if I should create an LLC for this rental (this would be my first rental property). If I open an LLC for...
Anthony Beeler
Too late to start an LLC?
I already purchased a home to flip with my brother. Is it too late to start an LLC? I took out a HELOC on my current home to purchase the home and we just closed last Friday.
Randy Almquist
LLC formation, how do I do it on my own with a registered agent
I live in Colorado and I see that I need a registered agent to form an LLC in Florida, do I need to use a service like Legal Zoom or Zen business to do that or can I do it on my own somehow?
Nori Sandoval
Best Way to Start Short Term Renting With an LLC ?
My husband and I would like to start doing Short Term and/or Mid Term Rentals. Could it be possible to open an LLC, and put some of the down payment with a business credit card? We have savings, but my husband is very...
Bryan Johnson
BRRRR CASH OUT REFINANCING CRITICAL STEPS
HELLO EVERYBODY IM AT A STAND STILL HOPING SOMEBODY CAN GIVE ME SOME ADVICE ,CANT SEEM TO FIND THE RIGHT ANSWERS ANYWHERE.IM A BEGINNER AT REALESTATE INVESTING AND PLAN TO MOVE FORWARD SOON WITH PURCHASING PROPERTIES ...
Ashley Pohlman
Fix and Flip or Multifamily for Newbie?
Help! I am looking for advice on what our next move should be... Another Fix and Flip or first time multifamily??Background: We live and work at an all boys boarding school. So this means we have no mortgage on our pr...
Seth C.
Dead simple legal structures to use IRA in RE?
What are the simplest ways that someone can invest IRA capital in RE? Can they make private loans with or without a lien, invest using their own name, a limited partnership, etc? If LLC, does the money have to be pass...