Kyle Clark
Need Urgent LLC Advice
Yes Im cluttering this board with another LLC question.
Im dreading having to pay $800++ to california for a LLC. Id rather take that and spend on marketing. So Im looking to setup a LLC out of state for now. When I ...
Chibuzor Alumba
Financial Freedom Plan
Hi everyone,My name is Chibuzor. I am 24 years old.I am extremely excited to be here and to communicate my intention for the future and the motivation behind it.I am currently listening to the BiggerPockets Podcast #3...
Ari Bachrach
Depreciating personal property
A question on depreciation for residential investment properties. When calculating depreciation, the regular schedule is to depreciate the property over 27.5 years. Do I need to separate out personal property (applian...
Jases Brown
To LLC or not to LLC?
RIght now we have a grand total 1 rental property that we bought a few months ago. At what point do you guys start putting properties into corporations? What do you base your decision to do it on?BTW, we do plan on ...
Juan Perez
Forming an LLC in Houston TX
Just a little lost on how to form a sole proprietorship LLC in Texas, wondering if someone knows the cost and some basic knowledge on how to start with this? New at investing and everyday seems I find something new an...
Henry Clark
Self Storage- Cost Segregation Basics
Would prefer to write a post on how we cleared 8 to 12 inches of snow at 4 locations in 4 hours, but that's not going to happen. Have about 3 inches on the ground in the last 3 hours. The rest is supposed to fall thr...
Adriana Cortez
Holding Company LLC
I'm interested in setting up a holding company out of WY, with two LLCs under it in different states and build my paydex. I also want to set up an estate plan. Any recommendations on who/where I can reach out to for t...
Stephanie Banno
S-Corp and LLC? Tax Attorneys in Austin, TX area
Hello All!I was recently advised that the best way to setup a new investor business is create two separate companies. Both a S-Corp and LLC. I was advised that an LLC should ONLY hold property (up to $1M) while the S-...
Account Closed
1st rental LLC OR UMBRELLA? BOTH? NONE?
hey I am currently in contract for my first rental which I am buying for 45k, worth about 60-65k now and will have a loan of about 34k on it. I will buy and hold the property and it has 2 units, my question is I do no...
Ian Livaich
Setting up LLCs Before Getting Started -- Operating AND holding?
Hello everyone,I am searching for my first buy & hold investment. I am starting to think that it is in my best interest to set up an LLC to protect my assets and insulate a property from some degree of liability....