Sam Mitchell
How do you structure your business? (LLCs, bank accounts, etc.)
I'm wondering how people with multiple rental properties structure things like insurance, LLCs, bank accounts, etc. I currently have each individual property under a separate LLC, with its own bank account, and its ow...
Molly Lonborg
General Partnership or LLC?
Hi, My husband and I have partnered with another person and we have begun to buy rental properties together (we are about to close on one property, and in escrow on another). We own 50% of the properties and our par...
James Wise
FHA Disparate-Impact Liability Upheld
FHA Disparate-Impact Liability Upheld Read the full decision: Texas Dep't of Hous. & Cmty. Affairs v. Inclusive Communities Project, Inc., No. 13-1371, 2015 WL 2473449 (U.S. June 25, 2015)In a much anticipate...
William Coet
Invest in a Syndication as an LLC or Individual
Hello,Looking at investing in my first syndication as an LP. Are there any potential problems with investing as an LLC and not as an individual? I'm considering doing it as an LLC to reduce liability.Thank you
Daniel Sobsey
Commercial vs Residential Loan
1. What are the tax implications of being personally on the title of a home (along with 3 others) vs. through ownership of an LLC that holds the title? What has better tax benefits? Since this is a rental property, wi...
David Robertson
Hiring a laborer for first rehab-what do I need to do?
My younger brother will likely be doing some of the general labor around my first rehab project. He is going to likely be using some of his hours towards his internship program at school to graduate. I'm curious, wh...
Jose Bu
Gatlinburg STR, Franchise and Excise Tax 6.5%
My lender is willing to close our Gatlinburg STR property in my personal name or in the name of my LLC. I would love to close in the name of my LLC to have less liability. But If I close in the name of the LLC then TN...
Ryan Vienneau
Attention flippers: Need liability advice, conflicting opinions
Looking for some advice from any flippers in New York. I'm planning to do some flips this year for the first time in the Albany NY area, I'm in the process of forming the company right now, meeting with CPA's, lawyer...
Jeremy S.
Form LLC before purchase?
Hello everyone, I'm a long time reader of these forums and I'm ready to make my first investment. My fiancée and I are looking to purchase 2 4-plexs in the same neighborhood from the same seller. We will a living i...
Elaine Hester
Yikes—entity fees potentially killing my cash flow, help!
Yep—another newbie here, wondering what I'm missing ... I have only recently learned that owning my properties free and clear puts me in a more vulnerable position for liability and know now that I need legal asset pr...