Cynthia Miller
Do you use LLC's for your rentals? pros and cons?
Do you recommend forming and LLC for each property separately? Is it worth the cost? Also, am I correct if an LLC is registered in a state that has no state income tax I won't have to pay income tax on the rental inco...
Account Closed
Airbnb rental trashed on New Year's Eve
caution for those air bnb'ershttp://www.sfgate.com/news/article/Oakland-Airbnb-...
Cory Rogers
My grandfather asked if nursing home can take rentals?
Hi all, my grandfather and I want to partner on real estate investment deals. He told me his worry is that if his name is on a property, and he goes into a nursing home, will they have right to take the property? Even...
Joshua Musquez
Should I get an LLC for my first deal
Evening BP!My fiance and I are looking to get into multifamily homes. we are going to house hack the first few since we are just starting in our careers. Our biggest discussion we have is before we buy our first deal ...
Jecarl Viray
Asset Protection for Rental Property
Hi BP,I’m from LA and I’m thinking of creating asset protection for my rental properties but I’m not sure how to avoid the CA franchise fee. One legal company that I talked to said to create an LLC on the state where ...
Kyle Geoghagan
Profiting $20k from my very first real estate deal! (Wholesale)
Investment Info:
Single-family residence wholesale investment.
Purchase price: $35,000
Sale price: $55,000
I got a free-trial for Deal Machine as a very broke college student. I went driving in my ...
David McCauley
Looking to buy my first rental investment property.
I own my primary residence. I am now looking to buy my first buy and hold rental property. I am wondering if I should start and LLC or just my it in my name. Does getting financing change if you buy it in an LLC? Or d...
Daja Hallums
New Detroit Investor Seeking Advice
Hello everyone! I’m Daja from Detroit, and I’m new to real estate investing. I’m eager to learn the best strategies for funding my first investment property, focusing on single-family and multi-family homes. I'm also ...
Guillaume Vidallet
Setting up LLC in my State or out of State
Hello,I will be closing on my first investment property in a few weeks in Buffalo NY and looking to acquire more in 2025 in different states (ohio, PA, Michigan), being a Florida resident, which state should I create ...
Scheherazarde Roddie
Seller stay after closing
Hi. While closing a on a property that I’m going to occupy as my primary residence the seller asked if they can stay in the property 3 days after closing to pack and move to TX from TN.I understand the risk I’d be tak...