Alejandro Lee
is an LLC really necessary?
Live in California and have 2 rental properties in Cleveland with a total value of 150K at most, is creating an LLC for each property a viable option for asset protection?
Sharad M.
How to best protect my assets?
Hi guys,
I am going to be meeting my attorney in next few days, but I thought I ask BPers for some feedback and this way I can be better prepared to meet my attorney.
I own most of properties free and c...
Lear R.
LLC Formation Help
I am looking to form a Texas LLC with the use of a Texas Based Registered Agent since I move frequently due to my job. The goals of this LLC will be the following.1. Protect my personal assets as well as move my cur...
Justin Merod
LLC registered agent recommendations in MO
Hey BP (specific to MO), Im looking for a solid recommendation for an LLC agent to be my main POC with the state.Looking for someone that has a good availability, is thorough, and that might be able to provide agent ...
Alex M.
Help! Forming LLC taxed as S-Corp
In need of some expertise here. Thanks in advance.I have 6 rental units in NYC that I airbnb. Im also looking to buy a house for airbnb, likely in Tennessee or Georgia with an investing partner.Question:1) Should I f...
Victoria Townsend
Should I create entities for every one-off deal with a partner?
I'm sure the answer to this question is speak with an attorney, but before I do so, I would love to hear some real life examples of when you should create an entity when purchasing with a partner.Here's the situation:...
Kyle Steiner
Corporate Structure / Asset Protection - 1st Flip
Hi Everyone! Hopefully there is a CPA among you for this question.I put my first offer in on a property that I intend to flip. I've read in these forums that it makes the most sense to set up an S-Corp for the purpo...
Jeffery Callis
How do you set up your LLC’s in your businesses?
Hi friends!I am planning on having 5 LLC’s in my business.1. Acquisition 2. Property management 3. Holdings company4. Contracting (renovation)5. Whole sellingMy questions is what is the best way to set this up?Just 5 ...
Pat Jackson
Descriptive or Nondescriptive Name for LLC?
I have a series LLC set up for my buy and holds. I'm about to start a stand alone LLC for my active income (wholesaling and flips). I'm debating between having a descriptive vs. non descriptive name for what the com...
Randy Babineau
Should I create individual LLC for each of my 2 properties?
Hello All,
I recently purchased a 4 unit property using a conventional mortgage. This is my second multi-family property that I now own as I have a 2 unit property as well. For the 2 unit property, I setup an LLC wh...