I'm building my real estate investing team and recently enlisted the help of a real estate attorney to create a trust and start an llc. I was surprised when the quote to create the LLC was around $1050 (including fil...
First post here! I am a new out of state investor. I currently live in Seattle, WA and looking to buy rental properties in PA and IN.My question is regarding as to what state should I setup my LLC? (I need LLC to get...
Aloha,Should I form a LLC for property investing? I was told that having an LLC would be good to have and that I can put my future investments under the LLC instead of under my name? Not sure that I can pile up proper...
Hello,I own a home in Westchester NY that has an accessory dwelling unit which is a small apartment above the detached garage. Would it make sense for me to set up an LLC and what type of benefits would I receive fro...
My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...
Hey all,My wife and I recently went under contract on a new home. Our intentions are to rent out the house we are currently living in. We want to start an LLC for the tax benefits of being landlords and managing the p...
1) If I choose to create an LLC for each of my rental property investments, does each one have independent credit rating?2) If I do have an LLC, what are the advantages / disadvantages to having the LLC own the proper...
Hello everyone! I am moving out of state and would like to rent out my house rather than sell it. I am wondering if I should create an LLC for this rental (this would be my first rental property). If I open an LLC for...
I already purchased a home to flip with my brother. Is it too late to start an LLC? I took out a HELOC on my current home to purchase the home and we just closed last Friday.
I live in Colorado and I see that I need a registered agent to form an LLC in Florida, do I need to use a service like Legal Zoom or Zen business to do that or can I do it on my own somehow?