Charles Moore
Own rentals w/ little equity in my name w/ primary home in Trust?
Hi, all!I am looking at acquiring 3-4 properties through a 1031 exchange from an appreciated rental that I have in my own name - I already have that part figured out.What I am still researching is whether or not to p...
Account Closed
Personal residence to rental property
Hello! I purchased my personal residence in September 2021. I anticipate to be moving in September 2023 and would like to rent out my personal residence. I have a few other rentals in the area that are owned by LLC's....
Mesbahul Hoda
LLC Question
As real estate investors, we form business entities to take advantage of liability protection and take advantage in tax savings. I have always read that if you are flipping real estate, you should do it in a S Corp a...
Mike Day
Is Airbnb's liability protection enough?
So I'm going to be renting out a condo in California on Airbnb. Condos are difficult and expensive to insure here. The HOA offers enough protection for the unit itself and Airbnb claims to offer $1m liability protecti...
Haley Henderson
Personal Mortgage & needing LLC coverage
Hello! I was wanting to see if anyone has run into this problem and see if there was any feedback or suggestions. My fiancé and I are in the process of purchasing our first investment BRRR property and we are using a ...
Daniel Tisdale
Converting primary residence in 78745 into rental property. LLC?
Hi,I am in the process of converting my primary residence in 78745 into a rental property as I am purchasing a new primary residence. How important is it for me to protect this asset in an LLC? I want to grow this bus...
Dominic Franco
Asset protection from tenants while house hacking
I have read through the forums, consulted my real estate attorney and insurance agent and have come to a dead end so I figured I'd start a discussion on here. My wife and I just bought a duplex and will soon be signin...
David Tang
Renter's Insurnace when there are multiple tenants
What are people's thoughts around tenant's Renter's Insurance in Chicago? We recently signed a lease with tenants (2 people - Person A & B) where they have 1 renter's insurance. Person A has the renter's insurance...
Rick Alvi
May be getting sued from someone, should I buy a Primary home?
Hello,I currently live in an apartment. Someone is "talking" about filing charges against me and perhaps suing me in the near future. I haven't received a summons but the person is manipulative and aggressive in natur...
Jermaine Gourdine
House Hacking
Hello BP,I'm a new member and a beginner in real estate investing. I'm interested in house hacking a 4 unit property? The downside to this seems to be the fact that I will not be able to close on the property under an...