I hope everybody is having a great day . I need some light into a question I have. I am considering to create LLC’s for my properties , perhaps a series LLC. I read that no matter how good is the structure you set...
I am a Buy and Hold investor that currently has 2 properties that are currently in my wife and I personal names. I am looking wanting to set up and LLC to better separate my business expenses from my personal expense...
Hello BP !!! I have done a few flips up until now but I have them under one LLC. I was recently told be a fellow investor one LLC is needed for each flip project that is done. I did not get the chance to understand th...
Please be patient with me. First time on the board, I was googling things looking for answers and the forum kept appearing over and over. Decided I needed to jump in here and learn some things. Happy to be here! My sc...
Any thoughts and/or advice on self directed IRA's?
So I know I can protect my full IRA by setting up LLCs that buy property that the IRA buys. But, then the rent than comes into the LLC would be taxed and then sent to the IRA. So is there a better way to protect your ...
Hi BP Carebears!Does anyone in N Jersey (jersey city, Hoboken) know of any good RE attorneys? I'm lining up my ducks to get into my first purchase and wanted advice on series LLC formation. Thanks!Nicholas
Hi to all, Im planning on opening a Wyoming LLC as a holding company, then open an LLC for each rental that we have in Kansas and Missouri.I read several articles and would like input on the way rental payments should...
At what point do you establish LLC and close in those? Our first deal was in our name being we did a live in flip. We are looking for our next non owner occupant investment property.
I understand the reasoning behind placing real estate in an LLC: for the owner to shield himself/herself from personal liability in the event of legal action.
However, is one LLC enough? Say an investor owns 10 prope...