I'm going to be investing in small commercial properties and I intend to put each in its own LLC for legal protection.- Is it wise to have a umbrella company that owns all these LLCs or should they all be separate?- I...
Hello everyone, and thanks in advance for your answers!My wife and I are just getting started in REI, and want to make sure we are off to a solid start. We’re planning to form an LLC, taxed as an S-Corp. to that end, ...
@Scott Smith or anyone else who can help let me know! Living in California and looking to get started BRRRRing out-of-state SFRs this year. Want to get everything organized and structured correctly from the beginnin...
Hello BP. I have 3 units (Texas) in my personal name and I have a four unit (Louisiana) under contract also in my personal name. I do have an LLC but my intent is to max out my conventional loans before I begin to p...
I read an article written by an attorney that suggested starting a separate management company to provide another layer of protection in the event of a lawsuit. Has anyone done this? Is it worth the trouble?
Here's...
I am looking at beginning my Real Estate investing journey in approximately 3 months (can’t start now due to a military PCS coming up) and I want to make sure I have all the proper groundwork laid so I can hit the gro...
My wife and I are meeting with our attorney tomorrow afternoon to discuss investment properties. We own the following:(1) LLC that controls all rental income-we have 7 (wife and I are partners with each other-2017)(1)...
I'm living in the bay area, CA and looking to invest in the Phoenix, AZ area. Should I start an LLC first before buying or later on down the road move it to an LLC when I have a couple properties?Thanks in advance for...
I've read a lot about the asset protection plan of buying a property in your personal name with conventional financing, then quit claim the property into their LLC. My property manager told me he's seen people do thi...
Hello! My husband and I are about to rent out our first single family home (which we currently live in), and was hoping to get some help here. We just created our LLC to help get the pass through deduction next year (...