Is anyone purchasing/holding/owning rental properties in one LLC and using another LLC to manage the properties? Any advice on max dollar amount to keep in one LLC? The reason i ask is we currently own our properties ...
Tried searching for this topic, but I couldn't find an answer. Do mid term rentals listed through airbnb still need a separate, formal lease, similar to how a LTR would be set up.. or is the airbnb booking enough and ...
Hi everyone, I'm planning to move to Cleveland,Ohio and had recently purchased a property. I find that the market rents in Cleveland are pretty decent and compared to the state that I live in currently all the 3 major...
I was part of a flip this last summer where I supplied some of the funds for purchasing materials. We agreed to do this as a loan at 10% but was a handshake agreement which was paid up. I was working as a contractor/p...
Should you have a separate LLC for each portion of business? I want to start a online business as well as start a LLC for my property. Is it advisable to comingle them or do you need a separate LLC for each investment?
My wife and I have been approached about a property for sale that isn't on the market yet. It is located in North Carolina. The property contains two separate structures (Single Family Homes). One is the "primary hous...
Hi All,I am looking for any advice, thoughts or someone to just tell me I need to move on. I placed an offer that was accepted on a good size plot of land that connects 2 different streets and has 3 separate units on ...
Hi BP community!Another newbie landlord question :)My wife and I are purchasing a duplex in Atlanta, GA. One side of the duplex has tenants that might stay after we close, the other side is vacant. We're moving into t...
Hello My Dear Helpful Community!I'm hoping someone has the knowledge that can assist me. It would be greatly appreciated. Scenario: i own one vacation rental property through my LLC. I list it on Homeaway and Airbnb. ...