If I have an existing LLC, am I able to switch the owner to be a self-directed IRA? What factors need to be taken into account for a situation like this?
Good Afternoon BiggerPockets Family, I have a few questions in regards to refinancing my rental property, I currently have under my LLC. 1. Can I refinance my property which is currently under my LLC to my personal na...
Hello BP, My business partner and I recently closed on a deal and are in the final stages of getting it rented. We purchased this property as "individuals" and not apart of an LLC. We do have an LLC set up that we wan...
Hi BP community!A friend and I are looking to do BRRRR's together -- he'll do the rehab and I'll provide the capital for cash deals. Our plan is to setup a joint ownership LLC to acquire the property. Once its rehabbe...
I'm looking to start my investment career with a multi family complex, 3 - 4 units in the Tucson Az area. I interested in suggestions about whether or not I need to have an LLC for investment before I buy or can I...
Hello all,If I am just getting started in investing, and am planning on picking up a few properties this year and then scaling, I wanted to know your thoughts about opening a business.Is it recommended to open an LLC ...
Hello EveryoneI have recently purchased 2 SF homes in Scottsdale, AZ, and they each have a pool. I have never owned a SF home with a pool. I am wondering about liability as far as the pool is concerned, as I am in t...
It's been awhile since I posted in the forums, but I'm having a really weird situation with my water heater.This is in San Diego, CA. Within the last year and half I have had three brand new water heaters corrode and...
I bought a 4bed 2bath split-entry foreclosure 2 years ago as my first home (and still live there). I'm currently closing on my second single family and looking for a 3rd, so I set up the LLC, bank accounts, etc. My cu...
Hi, I closed on an owner occupied triplex three months ago. I got a standard CA homeowner's policy that is $126/mo with a $1,500 deductible.My Dad brought up that since I have tenants, I may need landlord's insurance ...