I am considering re-titling some rental houses with each having its own dedicated single member LLC whereby the LLC's lone member (owner) would be my existing consolidated taxpaying multi-member LLC…

Continue Reading Are LLCs Appropriate For Holding Title Of Rental Property?

I am interested in putting my assets--thus far two parcels of land--into an LLC as a holding company. I would also like to open my own advertising business, and put…

Continue Reading Can An LLC That Owns Real Estate And A Business Also Be The Same LLC For A Self-Directed IRA?

Can an Illinois LLC be formed with members from both Illinois and another state for the purpose of owning real estate located in New Jersey, or does the LLC have…

Continue Reading Can An Illinois LLC Be Formed To Hold Property Located In New Jersey?

I wanted to form a llc in a state with a cheaper filing fee--I'm in Pennsylvania. Is this legal, and will I have a problem operating in Pennsylvania if the…

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My Husband and I live in Texas and would like to form an LLC to be able to buy and rent homes and maybe commercial real estate in the future.…

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My goal is to acquire 3 new properties a year and then rent each property to tenants. There are 7 other members of this LLC. What is the best way…

Continue Reading I’m Forming A Real Estate LLC With Concerns About Taxation

If I was to form an individual LLC for each house I buy, how does it work in the big picture. Is there one company above all the individual LLC's?…

Continue Reading If I Form Individual LLC’s For Real Estate, What Is The Big Company?

Hello. Great website with a lot of information. Here's my scenario: I have not yet created my LLC yet. I am attempting to buy a small multifamily property - 16…

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I own a couple of homes that I rent out to long-term tenants. I'd like to form an LLC to protect myself from lawsuits by the tenants. My question is…

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I am forming a real estate LLC with my wife. Do we need an operating agreement? We split the ownership 50%-50%. Thank you - Francisco,  Texas Answer You really ought…

Continue Reading Do We Need An Operating Agreement For A Real Estate LLC?