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Transfering a property into an LLC
How do you go about transfering a property you still owe on into an LLC ?
And..is it even necesary for tax / legal purposes ? Meaning - I'm going to form the LLC for liability protection but wonder if I need to then...
Stephen Leblanc
hello from nova scotia canada
Hey everyone....this site is great. I have 3 single unit rental proporties and I'm looking to expand my empire. The next rental will be 4 unit+ to improve my cash flow. I have lots of questions and I seem to be fin...
Bonnie Donahue
Setting up your biz? LLC? Corp? Partnership?
Hello! I'm new here and just starting my biz with my husband. Did you start an LLC, S Corp, C Corp, or Partnership? Our Accountant suggested that we do a partnership but I've read that a C Corp is best. We are going t...
James Letchford
Business Structure(s)
Today, I went into contract on my first deal for a buy and hold property (with intent for BRRR). I'm so stoked.Going forward, I'll be picking up more buy and hold properties to add to my list. Here's my question: Wh...
Brian Jackson
Supplemental Lease for AirBNB
I was wondering if anyone has used any type of supplemental lease for their AirBNB/HomeAway rentals. And if so, what types of things do you cover in this document.
Barbara S.
Elderly tenant in NYC
I am in NYC, have an elderly tenant that should be in a nursing home but refuses to go. He is alone, no family and a handful of friends that check in on him occasionally. I have been trying to get him social service...
Rich Schroeder
where's the oil?
I hear a lot of left wing people say that we invaded Iraq for the oil. admittedly I'm not a smart man. I dropped out of college, but I do have a lot of real world experience. So help me understand this please. If we i...
James Neff
troubling question
Greetings,
As I am sitting here reading posts, something unsettling has occured to me.
I was Planning on creating an LLC, that I would use to manage my 2 rental properties, for the purpose of seperating business fro...
Daniel Hsieh
Hello and Help
Hey BP members, this is Daniel from Houston, Texas.I have been in "ninja mode" in BP for some time now and I think the time is ripe that I get more involved in the forum to grow and learn from greater interactions wit...
Nat C.
Company name
This isn't the most exciting topic but I sure would appreciate feedback.I am starting a new company and need to register an LLC name. It's like everything has been taken.The plan is essentially to hit the streets and ...