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Hi: Together, my wife and I own and manage three rental properties - a house, a condo and a duplex. We (belatedly) are in the process of forming an LLC, but we've heard competing advice. On one hand, we've heard that ...
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I’m looking to get started in an LLC for the two rental homes, I currently have. However, I’m trying to research which option is most beneficial. Do I create an LLC per home or one LLC for both homes ? Looking for inp...
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With respect to the deed, I already understand that I need to Quitclaim the property to the Single Member LLC. My question is about the associated mortgage -- how do I transfer the mortgage to the LLC? Whenever I ta...
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We have put up our house for rental after staying in it for one year, and onto the next.
1-Can you have an LLC as a landlord and for it to receive rents, sign leases, etc, even though I am the mortgage borrower?2-If ...
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Hey guys,New to BP and loving it so far. I am in the process of creating an LLC and chomping at the bit to get things rolling.Right now, I am focused on learning the legal, business and strategy aspects of REI. One ...
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Good evening BiggerPockets!Underwriting multifamily acquisitions and developments can be oft seen as tedious, lackluster tasks. Due to this, syndicators and fund managers alike have elected to outsource this work. In ...
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Within the next year or so, I will be taking over the family business, as my father will be retiring. The business is not in anyway real estate related, but I'm wondering if I can incorporate myself and take over as a...
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Hello BP Community,I've been reading the BP forums (and others) regarding forming LLCs, and oftentimes the information in one post/article negates what's in the next. My confusion lies in the varying information conc...
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I'm new to real-estate investing and I'm trying to understand the difference between the different forms of investing
I want to play this RE game for the long-term and have the portfolio benefit from appreciation, de...
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Hello All,I am just starting as a realtor and plan to form an LLC / S - Corp to maximize tax benefits.I also plan to purchase my first investment property this year. Should I plan to create a separate business entity ...