airforcemama20’s Activity

Fri Feb 21

NL

Boards Post

airforcemama20 posted to the Owning Rental Property board. 4:17 PM

Buying my parents home

My parents live in a college town and are about to retire and move to the ocean. I would like to buy their house (it would be my 4th rental in the college town) from them. Their house is completely paid off.

I can pay for the 20% downpayment [more]

NL

Boards Post

airforcemama20 replied to the Owning Rental Property board. 4:12 PM

Re: Put 'em in a LLC?

I am about to close on my 3rd rental property and your 3rd point "Also, because all the sub-LLCs have the same EIN, we are able to cover all the LLCs with a single commercial insurance policy....which is cheaper than buying individual policies [more]

Recommendation

airforcemama20 recommended canuck104's post on the Owning Rental Property board. 3:55 PM

Re: Put 'em in a LLC?

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