When creating an LLC, do most people use their primary residence(where you yourself sleep) as the principal office address?
I'm going to have a lawyer set it up. I was wondering if I could use their address, or if I...
Hey everyone! I am currently looking for a duplex in metro east are of St Louis, this will be an owner occupant as I will live in one side and rent out the other to get started. I have a couple questions for all you s...
The United States District Court for the Western District of Kentucky issued an order declaring Kentucky's so-called "turf state" laws unconstitutional. The "turf state" laws, which are practiced in seven other stat...
I am buying a duplex. I live in one half and will rent out the other side. I want to know if I should put it in an llc or trust and what the advantages,disadvantages might be to either... im transferring money from ...
I know simlar discussion have been had but I have some specific asset protection questions. Here is the back story, I have two investment properties (plus my personal residence), one SFR and one duplex. I have a firs...
I am converting my primary residence to an investment property and understand the benefits of putting it in an LLC from an asset protection standpoint. I do already have a large umbrella policy. I'm interested in unde...
I recently received in the mail a notice that I am not allowed to transfer my primary home to my LLC. They mentioned restrictions due to Fannie Mae.I would be subject to termination if I do not transfer it back.Has a...
Hello!,As a military family, we have purchased properties at almost every assignment, then converted them to rentals we were reassigned. Now we want to form an LLC (or multiple LLCs) and are not certain where we shou...
Hi,I am trying to figure out what coverage i need for my assets. I own several rental properties under an LLC. I have a $2M General Liability policy to cover the properties/business. Should i also have a personal umbr...
My mother has several properties that have been mismanaged or not managed at all and she has enlisted my help to get caught up, but I'm a bit over my head. Due to covid and the death of her parents, things really slip...