Stacy Gunn
Series LLC - What are the costs?
We are new investors and asset protection is important to us so we are looking to form LLCs for our rentals. We met with a lawyer recommending a series LLC which sounds great but they had a hefty price tag associated ...
Logan Turner
Can I personally purchase a house from my LLC
Ok weird question everyone, but I made the mistake of purchasing the last house into my LLC. So now I'm only qualifying for commercial type lending when I still can get more Fannie Mae loans (lesson learned)
Transfer...
Ton Ratana
Can I use my LLC to manage rental properties it doesn't own?
I just got my first rental property, the mortgage is under personal (myself). I then started an LLC to do property management on it.I plan to use this LLC as a landlord to do contracts with tenants and collect rents,...
Dave E.
Land Trusts For Rental Properties? Do you Use them?
So recently closed on my first buy and hold rental property. I have seen a bunch of conflicting information on what to do with regards to protecting myself. A couple resources suggest putting the house into a "trust...
Drew Gordon
Do I absolutely need an LLC for STR or is it okay to be a sole proprietorship?
I currently do not have any units as of right now but I am in question about whether I need an LLC or can I just run the business through sole proprietorship?
Amy Forst
Renting to Pitbull Owners
I have a rental property with tenants who are pitbull owners. I've been around the dog a few times and never had any issues. They have a toddler and the dog stays inside and say there has never been an issue with th...
Frank S.
Quitclaim Deed After Short Sale in Illinois
Hello,Before reaching out to an attorney, I would like some feedback, please.About two months ago we purchased a short sale in Illinois. This was a cash transaction. We updated the unit - mostly cosmetic, rented it, a...
Dexter Kubi
Starting out in the Connecticut area
Hello, my name is Dexter. 29 years old currently working at a Fortune 500 company while doing my MBA program. Been listening to Bigger Pockets for awhile and looking to jump into real estate. Right now I have a 3-day ...
Ron Ripley
Hello, fairly new to BP and ready to jump back in soon - Memphis?
Hey BP folks!Although I joined BP last year, I'd still say I'm a new member as I haven't really dove in...until today! :-) What a wealth of info and the ability to network is priceless.Me: 56, California SF Bay Area (...
Dan Trinh
Do i need to create a business to deduct business expenses?
Hi Guys,This is a question that has always been on my mind but i can't quite seem to find the answer too.Currently i own a few rental properties in Las Vegas. I live in California and would like to go to Las Vegas to ...