I am an out of state investor (live in CA) and currently invest in two different states (outside of CA). I created a Wyoming LLC and would love your thoughts on the following:
- Do I need to foreign file in each of t...
I am a new investor and have not yet purchased a property. I live in southern California and I am looking to make my first purchase, out of state, in a few months and am trying to figure out what, if any, company stru...
Hey all. I'm making plans for my first purchase of a plex for cash and was hoping I could get some advice. It's going to be a buy and hold rental. I would like to place the property into an LLC. I plan to do this for ...
Hello BP,
Our biz is in CA, we have a duplex in MI that we need to transfer into an LLC. Any suggestions on which state to use..state your business is in, state your rental is in, or..? Thank you
Hello. Just a question with regards to LLC. We are here in California and we want to acquire properties that we will be doing BRRR on different states, particularly Texas, Missouri, and Nevada. Do we need to have diff...
I frequently read that investors purchase their notes within a self-directed IRA. I understand the idea to be that the capital gains associated with the interest payments the borrower pays the note holder are then no...
Let me start by saying that the BP forum has been amazing so far. Now to my question/thought process. I am 1099, great credit, high income (9k monthly) low expenses (2k monthly) and have 75k in cash reserves and own...
Hello BP San Diego,
I'll be relocating to the San Diego area this month, and will be looking for a multi-family home to live in / rent out. This will be my first property and I'm interested in speaking to a RE attorn...
Hi everyone! I live in California, but our investment properties are in Louisiana. I've read that it's beneficial to incorporate your LLC in Delaware or Nevada. Any recommendations on which state and why? Thanks!
I'm looking for information on starting a multi person LLC.
I currently invest in the High Desert, Victorville, Apple Valley Ca.
But I know the LLC doesn't have to be California based.
Thanks