Hi. We live in CA and want to buy a property out of state.  Potential seller (experienced real estate investor) recommended we create an LLC and buy the property. I am not sure I understand all the tax / fees associat...

I am in the process of searching for our first rental property and trying to learn from other people’s experiences. So my question is this : do you think it’s a good idea to setup a new / separate email account for “l...

Hi I live in California and file my corporation in Wyoming.  I do not do business in California except my corporation owned a piece of real estate in California with no income. Am I ok to keep my corporation in Wyoming?

Hello Bigger Pockets community. I'm interested in purchasing an investment property in Hudson, New York. I am considering a multi-family where I would rent out one unit long-term and use the other unit as an AirBnB sh...

For your buy and hold properties, to my knowledge there are 2 predominant strategies.1. Keep properties in your name or in a trust, get $1M worth of liability insurance for a few hundred dollars and rent out the units...

Hey guys, My name is Efren and I am a beginner to the landlord business. I have a property about 1,700+sqft, was not using about 250+sqft. I turned the 250+sqft into a studio. Studio is equipped with a brand new bathr...

Hi, my name is Kelly and i'm new to biggerpockes and investing in property.To start out let me say I have been reading the book on investing in real estate with no money down. it has really helped answer a lot of my b...

Hello everyone, my name is Jack and I am looking for like-minded investors in the Tucson or Phoenix AZ area. I moved back to Tucson this year from NYC where I was a stock analyst. I am well-versed in investing securit...

Hi bp:
So far I have two rental properties, I'm getting more this year and next year so i am seriously considering opening an LLC for better protections.

I live in CA, rental property is in TX, MO, and considering bu...

For tax purposes, is it better to open an LLC in the state I’m investing in (Florida) or the state I live in (California)? I’m finding some lenders want an LLC to lend to. Is there any benefit to my liability to have ...