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When you hold a property in a LLC, does it release your private liability for everything?
Also when you don't pay your note?
Also when you mismanage your LLC?
Where can I verify this information?
Thank you so much ...
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I am currently closing on a SFH that will be a rental in NC. The area is kind of rural, and I don't expect to see a huge number of applicants. Say somebody applies, they have good credit, no criminal history, job, etc...
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Hi All, I have a SFR in Davenport and the management company has been slipping. I think it is time to move on. Does anyone know of a reputable management company in the area?
Hi guys, I asked this question on general investing forum but think this is more suited to my specific query.RE: I am a Canadian citizen with permanent residence in Mexico.I've been investing in real estate in the sta...
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Hey BP,I'm ready to jump into my first real estate investment property with the following opportunity described below. Let me know whats the best way to go about it.So my brother will be stationed in the Military in S...
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I currently own 3 single family properties which I rent out. I am in the process of trying to secure more. I have a simple DBA. I am thinking about forming an LLC to provide myself some protections. At the same time,...
Hey BP Gang! Looking to hear your feedback on how the following issue may impact the value and rent premiums my property (duplex) demands. Some of you who reside in so-cal may be familiar with this issue.The Metro i...
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1 or 2 members for LLC for spouses when loan/title are under both spouse names:—————————————————————- Hello,I am starting an LLC and have some general questions. I am using the LLC mainly to shield liability from the ...
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was told that a two member LLC is more favorable for flipping activities for two reasons:
1) much less likely to be audited vs a single member llc
2) much more difficult to pierce the corporate veil compared to a s...
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I am new to Bigger Pockets and this is my first post, so I apologize if these questions may seem very basic to some.
I own 7 single family homes and 2 duplexes which are all paid and have no outstanding loans. I hav...