Jerry W.
Need advice on short term rental with large shop
I recently purchased a commercial property with an office in the front and a large commercial shop in the back. I converted the office into a 3 bedroom house. The kitchen is very strange, but it works. This propert...
Mike Wilson
Series LLC for management of single family rental properties
I am looking for input from folks that use Series LLC's for their rental properties or attorneys that have legal experience with the concept. I attended a local REA meeting where an attorney discussed asset protection...
Michael Hacker
Does anyone have experience with Tiller?
Tiller will automatically pull financial transactions from checking accounts and credit cards into a spreadsheet allowing you to then set up a simple financial cost tracking system. I've tried several cloud based acc...
Jose Betancourt
Before my first flip, should I create an LLC ?
Hello,
I am planning to start with the first flip in MA. I'm going to use a hard money lender to finance my purchase and rehab costs, I see a lot of hard money lenders that ask for LLC. Is it a good idea to start an...
Timothy Ethan Gawith
Delinquent tax loans
Hey,
Has anyone ever tried to set up loans for people delinquent on their taxes that was backed by their house?
Joe Stout
Furnishing Your Long Distance Short Term Rental!
Hey guys,Struggling with planning the furnishing of my STR. How do you all deal with ordering things for your STR and getting them set up in the correct way? I have boots on the ground as in my agent out there. But I ...
Ben Russell
Setting up chart of accounts in buildium
Hi,Expanding into PM from RE and will be using Buildium. I am trying to set the chart of accounts up so I can run the books for both the RE and PM side of the business through Buildium. For those that are doing this...
Doïna B.
Structure to invest in a US syndication for Canadians
Hi everyone,
I'm a Canadian interested in investing in a US multifamily syndication. The issue is that most syndications are structured as LLCs, which are not recognized by the Canada Revenue Agency.
If I were to i...
Joshua B.
STRs and LLCs and Insurance -- Asset Protection
Hi All --I read an earlier post on Biggerpockets about whether or not STRs should go into an LLC. My takeaway was that unless you have 10+ properties that it does not make a lot of sense. It sounded like it can be eas...
Brandon C.
When To Create an LLC?
Multiple sub-questions when I ask this because I get pretty confused on this topic. When and why do I need to set up an LLC (For rental investing and flipping)? Will having an LLC for 'each' property do any real justi...