I hear a lot on the internet that no matter how you set up your business structure for asset protection you want to have your main holding company that owns all of your other LLCs out of Wyoming, Delaware, or Nevada f...
I am in the process of naming my LLC. It is between Global Property Solutions LLC (GPS, LLC) and Empire Property & Investment Co. LLC (EPIC, LLC). Please let me know your thoughts. It will be a series LLC. (t...
Do you all have a Trust that owns your rental properties? I have an LLC-but have not switched the homes into the name of the LLC. I feel lost on how to do this. I have called a lawyer wanted to charge me $1200 and wou...
Hello BP Members!I am in need for some honest guidance as to protecting my assets before I start my real estate business. I've gotten some mixed opinions in protecting my personal assets: create LLC vs. purchase more ...
Like the title says I own 4 properties most of them are under 100k value, and I rent them all out. I recently started investing in real estate and I have been learning as I go. I read that it is a good idea to have pr...
Hi all,
I have 3 Single Families in TX and 1 Single Family in CA. I live in CA. I am trying to figure out what state to form my LLC in. Out of the properties I have, I have more equity in the CA property as it was bo...
Hi,
We have our primary residence in Texas, own an 2nd Home property in FL that we STR with an LLC to operate; and are purchasing a 4plex in Louisiana. While we are actively working on our personal trust... I'm try...
Newbie over here looking for a CPA/Lawyer to help set up my holding company in Wyoming and then two subsidiary LLCs - one in Texas and one in New York. I had a call with Prime Corporate Services but was not sold on t...
Do you use your name on the deed or the LLC?
I'm purchasing a duplex on a 30 year traditional mortgage. I'm planning to transfer to a LLC after the purchase, understanding the "due on sale" clause is unlikely to be enforced. Got me thinking, even if I had to mai...