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Results (90)
John Corretti Multiple Out of State Rentals - Need to figure out LLC structure
30 November 2018 | 9 replies

I currently live in NYC and own 4 out of state rental properties. I have 2 in OH, 1 in SC, and 1 in PA. They are all currently in my name, which I realize is a bad thing to do. I'm looking for a way to form an entity ...

David Floyd LLCs vs Insurance only
21 October 2018 | 5 replies

I inherited some rental properties in Fl and also own some of my own.  All of the properties that I inherited never had insurance and were in my fathers name.  Some of my properties were insured and after hurricane Ir...

Wilson Lee Trasfering Ownership from a C-corp to to an LLC
21 December 2018 | 5 replies

The USA is a litigation happy country.  I do my best to limit my exposure to this wild west style lawsuit culture we have.I am starting to flip properties but, for the last few years I have purchased rentals to hold. ...

Garrett M. Asset Protection tip with questions!! Pennsylvania
15 October 2021 | 2 replies

I need to learn more about asset protection in regards to real estate in PA. I have a small portfolio of single family rentals and I'm moving toward an asset protection plan. I am also in the process of doing estate ...

Sarah M. Buying a property with a partner with two LLCs - tax benefits?
18 October 2018 | 12 replies

Hi there. My partner and I are new to investing and we found a "buy and hold" property in Minnesota and are buying it cash 50/50 each. Can we buy it under two LLCs? Or should we just use one? We want to buy the house ...

Account Closed First Property Purchases - Duplexes in Saint Louis
21 January 2021 | 6 replies

A little over a week ago my husband and I closed on our first home and first rental properties. We were looking to house hack for our first home in the south city.  An investing company my husband is an acquisition ma...

Harsh Dangaria Asset Protection Strategy
9 July 2018 | 7 replies

Researching various sites (including many posts/forms in BP), books, etc. I have tried creating a blue print for asset protection (see the image). Does it make sense? Did I do something incorrectly? Is it an overkill?...

Daniel Rutherford Handling Down Payment and Closing with LLC
22 November 2018 | 11 replies

I am closing soon on a property that I am financing.  My plan is to do a quitclaim deed after closing to get it in my LLC's name.  Obviously one thing I want to be sure of from a legal standpoint is making sure I am t...

Michael Hooper Quit Claim to My LLC / Who Pays Mortgage?
27 August 2018 | 14 replies

I have a property in Cincinnati OH that I owned in my name and got a residential loan for in my name. I've owned the property in my name for about a year and I just did a quit claim to transfer the property to my LLC ...