Hi,I just started reading some books on real estate investing and wondering about the pros and cons of having a LLC for rental/investment property. Is it recommended to have a LLC and who can help creating a LLC (tax ...
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...
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...
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 ...
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...
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 ...
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...
I think this is the right place...
Getting some of my ducks in a row to dive in.
I know an LLC cannot get a loan on property through a bank. But curious on once I start collecting rent (yes, getting a bit ahead of ...
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.
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...