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Results (337)
Taylor Campbell LLC or not to LLC
6 January 2024 | 12 replies
@Taylor Campbell @Patrick Mellea - here are some diagrams that might help you further on this quest:Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement: https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when, and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for complete asset protection OR the domains that need to be intersected to find asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-spectrum-diagramHow a fully implemented asset protection layout might look. - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-structuresIf you want more details, from an investor perspective, PM me.
Joshua Bailey Create an individual LLC per investment property?
20 February 2024 | 15 replies
and only after you covered properly the "other" aspects of risk management (insurance, umbrella insurance, proper property management, etc.).Here are some visual diagrams to help you in your quest:Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for a complete asset protection OR the domains that need to be intersected to find asset protection
Miguelli Fernandez Final Steps before commiting to my first out of state rental.
13 September 2024 | 50 replies
They do not provide asset protection or anonymity. 
John Archer Pace Morby and his gator lending tribe
26 April 2024 | 47 replies
But it doesn't give you much asset protection or save you on taxes.
Brian Bradley Asset Protection for Real Estate Investors
23 June 2024 | 105 replies
If you use an LLC instead as holding entity, would you still need to use the multi member structure to perfect the protection, or a single member LLC would be enough in states that have built in single member charging order protection as sole remedy (not following Olmstead vs FTC)?
Lincoln Coverdale Mold found during purchase inspection and Seller won't negotiate
5 October 2018 | 28 replies
If we choose to proceed with the purchase what kind of protection or hold harmless do we need to put in place to make sure we are not liable for any tenant recourse.  3.  
Lynn T. Entity Set Up: TX or WY?
27 October 2021 | 27 replies
You can buy and sell without doing this, and you can defend against suits, but you would not be able to bring its claims - and an eviction is a law suit.Trusts offer no protection or limit on liabiity, merely makes it harder to determine who the real owners in interest are. 
Marcus Auerbach Thank God I had an LLC!! - Said no one ever!?
19 January 2024 | 140 replies
None of this will give you full protection or anonymity, the point is to mitigate it as best as can.That is a massive amount of properties in one year!!!
Misael Carlos Vera Buying Property without LLC
26 November 2020 | 132 replies
Since Trust documents don't need to be filed, they won't know...Are you trying for asset protection or to "hide" from your tenants so they just don't show up on your doorstep? 
Greg R. Housing crash deniers ???
14 January 2023 | 2904 replies
Do you have protection?