How To Start An LLC For Rental Properties (And Reduce Taxes!)

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  • Опубликовано: 28 ноя 2024

Комментарии • 67

  • @TobyMathis
    @TobyMathis  Месяц назад +40

    Would you like to learn more about starting an LLC? Schedule a free consultation here: aba.link/o47

    • @EstatePlanVictim
      @EstatePlanVictim Месяц назад

      Only to get the Notary Index Crime Enforcement Regulatory 33-year reformed Forgery Proof Interdiction Living Trust, Permission Ledger Power of Attorney, and Schedule A Counterfeit Free LLC. With NICER 837PC Citizens and Sheriffs on call to arrest Trust warned, Permission Ledger monitored, and NICER exposed Will, Trust, and LLC forgers, counterfeiters and embezzlers.

    • @EstatePlanTrustVictims-v1l
      @EstatePlanTrustVictims-v1l Месяц назад

      Can we trade in our Anderson Advisor easy to forge living trust NICEP bravely caveated failed? We want the Interdiction Living Trust Administration Lawyers NICER Latin Law Crime Interdiction Administration Forgery Proof Inheritance Protection and Schedule A Counterfeit Free LLC. With the Permission Ledger DPOA, NICER 837PC Citizens and Sheriffs to arrest. Trust warned, permission ledger tracked, and NICER exposed Trust forgers and LLC counterfeiters.

    • @OurnSophea-d9b
      @OurnSophea-d9b Месяц назад +1

      Thank you teacher

    • @OurnSophea-d9b
      @OurnSophea-d9b Месяц назад

      I love crypto

    • @OurnSophea-d9b
      @OurnSophea-d9b Месяц назад

      Teacher can you talk about crpyto

  • @970sigrist6
    @970sigrist6 Месяц назад

    In my situation, my dad's wife has cost me 20 grand in legal costs, saying he had no will and trust even though they were lodged with the county because the original can't be found. Even with notary and witness signatures and wanting no probate... I wish that statement was 100% true, but it's not as in my case. But yes, thanks to you for all your videos. Great advice and I as well as many others appreciate ya.

  • @cb3432
    @cb3432 14 дней назад

    Very Helpful information.

  • @robertduffy5805
    @robertduffy5805 5 дней назад

    Question-What do you do with all of the rental/lease agreements? Restate? How would moving to an LLC affect properties renting under section 8?

    • @TobyMathis
      @TobyMathis  3 дня назад

      That's a great question. For a more personalized answer, I suggest scheduling a free 45-minute consultation with my team. We’ll provide advice tailored to your specific situation. Visit: aba.link/o47

  • @willb.2077
    @willb.2077 Месяц назад

    definitely need strategy session

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @daiski79
    @daiski79 Месяц назад +5

    Hello Toby, if someone just starting out how easy:difficult to get a mortgage for a brand new LLC ?

    • @chijiokeonah4930
      @chijiokeonah4930 Месяц назад

      Co-asking.

    • @TobyMathis
      @TobyMathis  Месяц назад +1

      Hey there! I might recommend registering for a complimentary consultation with my team. We'll tailor our advice to your specific needs. aba.link/o47

  • @anacrusys4335
    @anacrusys4335 Месяц назад +4

    In your video comparing real estate to gold, to stocks…you used the 1980 gold extreme peak at 800. If you would have used the 250 price a couple years before or after 1980, gold is up 10.5% per year since then, same as stocks. If you compare from the year 2000, gold is up 43% per year since 2000, which is 4 times more than stocks at 11%. Since the early 70’s, gold is up 141% per year (35 to 2650), 12 times more than stocks

    • @TheMostSlyFox
      @TheMostSlyFox Месяц назад +1

      That is disengenuous. Comparing the S&P 500 to gold over a 50-year period (1970-2020) shows that an investor who reinvested dividends quarterly would have seen a gain of 68,430% compared to gold’s 5,333% return. Gold rises numerically, but does not compound / go parabolic. It may see higher growth in a period of time but will never out-pace compound interest. Keep on pushing the gold fomo right now though, at all time highs. I say this as an owner of gold.

    • @anacrusys4335
      @anacrusys4335 Месяц назад +1

      I was comparing gold to his video (6 days ago), which said stocks have gone up about 11% per year with dividends reinvested since 1980.

    • @TheMostSlyFox
      @TheMostSlyFox Месяц назад +1

      @anacrusys4335 Gold is good to have, but the rise in the last year or so is the same as 1980, 2001, and 2011 and isnt sustainable long term. It's deceitful to push people to 'invest' heavily in it when statistically it is near the top of its run, despite what youtubers are fear baiting right now. (The same rhetoric that was pushed at those times as well). Not saying it's going back to 1000$ but be smart about when you buy, and realize you can get a much greater return on your investment in other asset classes at this time.

    • @victoriacooper6892
      @victoriacooper6892 Месяц назад

      Stock is gonna crash, many will go bankrupt.

    • @TheMostSlyFox
      @TheMostSlyFox Месяц назад

      @victoriacooper6892 good to know you can predict the future. Why aren't you a billionaire yet?

  • @PeterRaiblais
    @PeterRaiblais Месяц назад

    Do you stock the NICER Inheritance Security System Schedule A Counterfeit Free LLC?

  • @StevenChambers-d8m
    @StevenChambers-d8m Месяц назад

    So since put each property in a LLC do I also get a bank account for each rental as well or can deposit from rents go to one account?

  • @maafa21MustSee
    @maafa21MustSee Месяц назад

    Thoughts on using "Series LLC" when have less than 10 rental properties?

  • @lazm7595
    @lazm7595 Месяц назад

    Thanks Tobi for your expertise!…
    Question: Should you create the Wyoming first and then once you create the local LLC you said the W is the owner or it is irrelevant?

    • @TobyMathis
      @TobyMathis  Месяц назад

      That's a great question. For a more personalized answer, I suggest scheduling a free 45-minute consultation with my team. We’ll provide advice tailored to your specific situation. Visit: aba.link/o47

  • @acctutil5881
    @acctutil5881 Месяц назад

    After mortgage transfer to LLC (Texas) while having personal guarantee on that loan does that pierce corporate veil, has to be a non-recourse loan only or not a problem?

  • @docg6225
    @docg6225 Месяц назад

    I need a strategy session

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @mrp7943
    @mrp7943 Месяц назад

    Strategy

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @kevincawann
    @kevincawann Месяц назад

    Is there abank account for everyone property or ?

  • @JackofAllTrades-MasterofLuck
    @JackofAllTrades-MasterofLuck Месяц назад

    Strategy please

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @chengdutakashi3049
    @chengdutakashi3049 Месяц назад

    strategy

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @rollinkendal8130
    @rollinkendal8130 Месяц назад +1

    If I own a house, I know I can evict an existing tenant to move a family member into it. What if I buy the house through a company. The company has no family. Can I still evict an existing tenant to move one of my family members in?

    • @rollinkendal8130
      @rollinkendal8130 Месяц назад

      @@billymorgan7717 and what if there is no lease?

    • @billymorgan7717
      @billymorgan7717 Месяц назад

      In either case, you need a valid reason to evict, such as the tenant not paying rent or violating lease terms, not just wanting to move a family member in.

    • @billymorgan7717
      @billymorgan7717 Месяц назад

      ​@rollinkendal8130 if there is no lease, they are the same as a carry over tenant. You can end renting to them by providing notice. You may need to evict if they refuse to lease on their own.

    • @rollinkendal8130
      @rollinkendal8130 Месяц назад

      @@billymorgan7717 so I am stuck with tenants forever? I thought the point of a lease was to escape that situation. IOW, the lease end and I can renew or not.

    • @billymorgan7717
      @billymorgan7717 Месяц назад

      ​@rollinkendal8130 if there is no lease, or end of a lease, you can evict by providing notice to the tenant. Make sure to send it to them by certified mail with return signature. If they fail to leave, you can file for eviction. Check local laws for your area and you might want to consult an attorney,

  • @brandonturonek
    @brandonturonek Месяц назад

    Strategy

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @TongLi-zz5rh
    @TongLi-zz5rh Месяц назад

    Strategy

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @bryanvoyek5717
    @bryanvoyek5717 Месяц назад

    Strategy

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

    • @EstatePlanVictim
      @EstatePlanVictim Месяц назад

      @@TobyMathis Our free Estate Planners consultation cost a million dollars in Trust Probate so it wasn't free. They didn't follow Win-Win Realtors, NICER, and NICEP bravely caveating the Estate Plan Trust fails so we could order a Forgery Proof Trust from an Inheritance Administration Lawyer.

  • @janhavirenuka
    @janhavirenuka Месяц назад

    Strategy

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @casanovabrown98
    @casanovabrown98 Месяц назад

    Strategy

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @truthhunter4270
    @truthhunter4270 Месяц назад

    Strategy

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @vhhomes251
    @vhhomes251 Месяц назад

    Strategy

    • @TobyMathis
      @TobyMathis  Месяц назад

      Schedule a free consultation here: aba.link/o47

  • @Luis_C3O
    @Luis_C3O 28 дней назад

    Strategy

    • @TobyMathis
      @TobyMathis  28 дней назад

      Schedule a free consultation here: aba.link/o47