Matthew Kirkham
Out of state investing
Should I even consider looking for my first rental out of state? I have the makings of a team down in S.C. but live in Wis. Do I need a different LLC for each state with properties in it......Should I stay close to ...
Nathan Farkash
Purchasing Property out of state - LLC Question
Hi, I am based in MA but about to buy rental property in NY. If I were to form LLC to purchase this property, should I be filing in NY or MA? I will not be conducting any business in MA just collecting checks as I wil...
Jason Varga
Wanting to make an LLC/Trust
Hi all, I am an American expat looking to buy a duplex in Cleveland. I want to create an LLC/Trust structure to protect the property. Can anyone make a good suggestion for a lawyer who could help with this? I'm open t...
Omid Kajbaf
LLC vs insurance + umbrella
My wife and I are purchasing a condo to use as an short term rental.we are using a heloc we had because the interest rate Is much lower than anything we could find today with a conventional loan. so we will be buying ...
Louis Louisius
LLC or purchase as individual with spouse for first property
Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...
Aaron Wilkins
Best way to become landlord without an LLC
I don't want to get stuck in the need to start X before I really get things moving. Curious to whom became a landlord without an LLC. I have a plan working with a friend who owns an insurance company to guide me on a ...
Edward Barrett
LLC Best Practice
For those using a LLC to acquire fix-and-flips, wholesale, or deals you don't anticipate holding long term:Are you utilizing your home address or a virtual business address?Are you representing yourself as a Registere...
Jim Kelly
LLC question put in old LLC or have to make a new one?
I have a LLC but it's for fabrication bussiness.... if I buy a rental property can I put the home into this LLC or do I need to make another LLC for house rentals? I'm ramping down on that bussiness and ramping up my ...
Brodie J Meaux
Questions about number of LLC’s
Is it best to make an LLC for each rental, or single family dwelling I plan to own. Or better to have one LLC for all of my rentals I plan on owning.
Tim Vander Ploeg
Short term rental tax questions
I am purchasing a home on Houghton lake MI, and have a few questions.
Am I better off putting it in an LLC or just in my name, and do I need a specific loan or anything to maximize tax potential?
Can I write of remo...