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Results (10000)
Matt Sora Purchasing Home in LLC
10 September 2022 | 5 replies

Should I purchase my personal house for my family in a LLC and then rent from myself? What would be the pros and cons of this? I heard of this idea and was curious if any of you do this.

Ana Vhan Questions around Trust, LLC, sole proprietorship, umbrella insurance
23 July 2024 | 2 replies

This is our situation. Let me know what is the right path for us - Trust and sole proprietorship OR trust and LLC OR something else? We have rental homes in CA and in AZ. We plan to add all of those under our trust. R...

Timothy Finley Is it worth setting up an LLC?
13 March 2013 | 25 replies

Hi, a family member and I are considering investing in our first investment property. I've read that forming an LLC to purchase the property is a good way to protect ourselves from liability. However, I also underst...

Lenny B. Should husband & wife investors form an LLC?
8 October 2015 | 16 replies

Hello, my wife and I are beginner RE investor, we just bought our first duplex in Sacramento this year (with existing tenants). We are planning to buy another duplex this year, and maybe more properties in the years t...

Mark Resnick LLC or Umbrella Insurance
27 November 2014 | 3 replies

I am in middle of buying my first ever rental property in Florida. It is a 4plex unit. I wanted to know if I should make an LLC for it or just get umbrella insurance? Can someone please explain to me the pros and cons...

Mindy Jensen Investor NOT protected by LLC?!?
28 September 2015 | 53 replies

A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...

Bob McKee Exchanging 1 multi-family for 2?
29 May 2017 | 4 replies

Hey all. Just joined and posting for the first time. I have historically made gains living in places then selling them. For the first time I am looking to sell a multi-family I never lived in and buy a new multi-famil...

Troy Burgett Tax Strategies and Planning
28 November 2023 | 1 reply

Hey fellow real estate investors!!I'm new to BiggerPockets. I've been listening to the podcast for a few years but just now joining the community. Disappointed I didn't get online and get active earlier!! I love how m...

Darsh Patel Should I create an LLC for my properties?
29 August 2017 | 39 replies

Hi everyone, I own a few small multi-family properties (8 units total)  and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...

Joseph Almeida LLC bank account while being recognized as a S-Corp
20 March 2024 | 5 replies

I formed my business as a LLC in November 2022 my accountant then formed an S-Corp with the same business name in march 2023 NY state back dated my S-Corp to November 2022 I didn't know I needed to open a new bank acc...