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All Forum Posts by: Travis Olson

Travis Olson has started 2 posts and replied 2 times.

Goals, Business Plans & Entities

Post: Should I set up an LLC in Alabama or Nevada for real estate?

Travis OlsonPosted
  • Minneapolis, MN
  • Posts 2
  • Votes 0

I am looking to buy my first investment property in Alabama with a partner and I plan to create an LLC for real estate holding. I am not sure if I should set up an LLC in Alabama or go with a Nevada LLC. If anyone has advice or experience with Alabama LLCs or Nevada LLCs please let me know the pros and cons. Thanks.

0 Votes
Starting Out

Post: Set up LLC for first deal?

Travis OlsonPosted
  • Minneapolis, MN
  • Posts 2
  • Votes 0

I want to buy my first duplex with 2 other partners. Should we all as individuals buy duplex's using FHA loans or buy a duplex under an LLC? If we all buy as individuals under FHA, can we sell the properties to our LLC or LLCs a couple years down the road?

0 Votes