Patrick Hancock
Can you have too many LLCs?
Hello and thank you for the comments and suggestions in advance. Given the ideal situation when owning a rental property (for this example residential 1-4 units) is to hold that property in it's own LLC for liability...
Christopher Hill
Any benefit to leasing a property in your name to an LLC you formed?
I am buying a multi family in the Pittsburgh area using my VA loan privilege. Since it has to be in my name is there any advantage to forming an LLC and leasing the property to it so the LLC can manage it? I was think...
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quit claim property to an LLC
If a property that is owned under my name is quit claimed to an LLC that I have established do I destroy the protection that I am trying to get by having the property in an LLC?
Reading several books on real estate o...
Francisco Lopez
LLC Question
Hello BP!
What are the pros and cons of creating an LLC right off the bat when beginning in the REI world?
Hannah Walker
Should I move Second Home into LLC
Hi all.Thanks in advance to those who help me figure this out!My husband and I live in SF, we own our home here and recently decided to get a second, vacation home near Twain Harte (2.5hrs) from SF. The plan is to us...
Kevin D.
Forming a Simple Trust
Four of my properties (8 units) are in one LLC and my accountant advised me that being a single member of the disregarded entity is not the best idea. I talked to my attorney and he is forming a simple trust where I ...
Andy Collins
Should you put your real estate into an LLC
I started this because it seems like every couple of days someone new starts this topic, I hope we can all give our opinion on this, and refer newby's to this discussion.
I think there are a few reasons you ...
Leslie Beia
Transitioning From Rentals in TN to Flips in TX: LLC/S-corp Q's
Hi All! I lived in TN briefly and bought several properties there that I manage as STR's, and have a 3rd in MI. They are all currently in my TN-based LLC. I moved from TN to TX and have started flipping. My plan has b...
Suzanne P.
Bank accounts, tax & legal entities for Canadian investors in US
After a number of Joint Ventures and gap lending deals in Canada and the US, my journey towards becoming an active flip investor in the US continues. I just completed an asset protection conference in the US and there...
Tom Wallace
LLC for rental properties?
I currently own 3 single family properties which I rent out. I am in the process of trying to secure more. I have a simple DBA. I am thinking about forming an LLC to provide myself some protections. At the same time,...