Hi! I'm just starting out and recognize the importance of an LLC. Should I pay a tax professional to help me setup my first LLC, should I just do it myself (the form seems easy enough), or should I pay for online serv...
Hi, have an accepted offer on a STR in which we’d form an LLC upon closing. Is this advised? Also can someone explain the due on sale clause risk in this case and how to protect
I currently have a llc in Illinois but will begin construction for a str on kentucky lake. Can I put the kentucky property in my illinois llc or form a new one in Kentucky. I currently don't have anything attached to ...
I just bought my first property. I was given some advice to put the property under an LLC out of Wyoming as a liability precaution. Anyone hear about this? Pros vs cons? Thanks
Hello wonderful community! We would like to put our current apartment up for rent. Can anyone direct me toward any resources on how to start this process? Meaning, should I set up an LLC? What are some good sites for ...
Hello BP investors, I haven't seen any recent postings about Pace Morby's Sub To Mentoship program and wanted to see if anyone can give their honest feedback about the program who's joined recently? I noticed quite a ...
What are some tips as a new Investor that will help with future planning in adding real estate property in your business name? I am finding banks want you to put it in your name first then it can be switched over in ...
Hi, I am new to the BP forum and in the process of researching my first rental. I plan to open an LLC to protect my assets. My question is -should I get the rental property first or establish the LLC first? Further, I...
Hello all, my wife and I have recently purchased a new house and plan to rent out our current home when we move out. I am working on setting up the LLC to move the soon to be rental home into and I have a few questio...
Hello, I have several long-term rentals that are all currently in my name. They all have mortgages in my name as well. I keep hearing it is smart to "move" these to a LLC, but how exactly do I do that? I know how ...