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

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  • Опубліковано 18 січ 2025

КОМЕНТАРІ • 100

  • @TobyMathis
    @TobyMathis  3 місяці тому +41

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

    • @EstatePlanVictim
      @EstatePlanVictim 3 місяці тому

      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 3 місяці тому

      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 2 місяці тому +1

      Thank you teacher

    • @OurnSophea-d9b
      @OurnSophea-d9b 2 місяці тому

      I love crypto

    • @OurnSophea-d9b
      @OurnSophea-d9b 2 місяці тому

      Teacher can you talk about crpyto

  • @MarkSimon1975
    @MarkSimon1975 14 днів тому

    This is valuable information. You should have more subscribers!

  • @tonireed4308
    @tonireed4308 Місяць тому +1

    Outstanding video, Thank you Toby!!!

  • @arielsanchez5587
    @arielsanchez5587 28 днів тому +1

    Thank you Merry Christmas

  • @970sigrist6
    @970sigrist6 2 місяці тому +1

    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 2 місяці тому

    Very Helpful information.

  • @damianpokoj1065
    @damianpokoj1065 8 днів тому

    Technically, you would really need a lawyer assistance for Operating Agreement.
    Creating name/State (WY/NV/DE) can be done by member.
    Form Ss-4 (ein) is free online at IRS website and tskess literally 2 minutes.
    CTA is free and can be done by member.
    Bank account can be created by member after LLC is created.

  • @willb.2077
    @willb.2077 3 місяці тому

    definitely need strategy session

    • @TobyMathis
      @TobyMathis  3 місяці тому

      Schedule a free consultation here: aba.link/o47

  • @maafa21MustSee
    @maafa21MustSee 3 місяці тому +1

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

  • @daiski79
    @daiski79 3 місяці тому +5

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

    • @chijiokeonah4930
      @chijiokeonah4930 3 місяці тому

      Co-asking.

    • @TobyMathis
      @TobyMathis  3 місяці тому +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

  • @valperry89
    @valperry89 Місяць тому

    STRATEGY

  • @lazm7595
    @lazm7595 3 місяці тому +1

    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  3 місяці тому +1

      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

  • @robertduffy5805
    @robertduffy5805 Місяць тому

    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  Місяць тому

      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

  • @Ahmedb17
    @Ahmedb17 10 днів тому

    how much you charge to create an LLC for someone start to finish?

    • @TobyMathis
      @TobyMathis  10 днів тому

      Hello, I'd recommend you schedule a free consultation to get started. Visit aba.link/o47

  • @docg6225
    @docg6225 3 місяці тому

    I need a strategy session

    • @TobyMathis
      @TobyMathis  3 місяці тому

      Schedule a free consultation here: aba.link/o47

  • @StevenChambers-d8m
    @StevenChambers-d8m 3 місяці тому

    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?

  • @PeterRaiblais
    @PeterRaiblais 3 місяці тому

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

  • @JackofAllTrades-MasterofLuck
    @JackofAllTrades-MasterofLuck 3 місяці тому

    Strategy please

    • @TobyMathis
      @TobyMathis  3 місяці тому

      Schedule a free consultation here: aba.link/o47

  • @mrp7943
    @mrp7943 3 місяці тому

    Strategy

    • @TobyMathis
      @TobyMathis  3 місяці тому

      Schedule a free consultation here: aba.link/o47

  • @acctutil5881
    @acctutil5881 3 місяці тому

    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?

  • @kevincawann
    @kevincawann 3 місяці тому

    Is there abank account for everyone property or ?

  • @anacrusys4335
    @anacrusys4335 3 місяці тому +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 3 місяці тому +2

      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 3 місяці тому +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 3 місяці тому +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 3 місяці тому

      Stock is gonna crash, many will go bankrupt.

    • @TheMostSlyFox
      @TheMostSlyFox 3 місяці тому +1

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

  • @danmurad8080
    @danmurad8080 5 днів тому

    Fincen got revoked

  • @chengdutakashi3049
    @chengdutakashi3049 3 місяці тому

    strategy

    • @TobyMathis
      @TobyMathis  3 місяці тому

      Schedule a free consultation here: aba.link/o47

  • @rollinkendal8130
    @rollinkendal8130 3 місяці тому +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 3 місяці тому

      @@billymorgan7717 and what if there is no lease?

    • @billymorgan7717
      @billymorgan7717 3 місяці тому

      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 3 місяці тому

      ​@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 3 місяці тому

      @@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 3 місяці тому

      ​@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,

  • @ourfavoritereceipes.6172
    @ourfavoritereceipes.6172 Місяць тому

    STRATEGY

    • @TobyMathis
      @TobyMathis  Місяць тому

      Schedule a free consultation here: aba.link/o47

  • @brandonturonek
    @brandonturonek 3 місяці тому

    Strategy

    • @TobyMathis
      @TobyMathis  3 місяці тому

      Schedule a free consultation here: aba.link/o47

  • @TongLi-zz5rh
    @TongLi-zz5rh 3 місяці тому

    Strategy

    • @TobyMathis
      @TobyMathis  3 місяці тому

      Schedule a free consultation here: aba.link/o47

  • @bryanvoyek5717
    @bryanvoyek5717 3 місяці тому

    Strategy

    • @TobyMathis
      @TobyMathis  3 місяці тому

      Schedule a free consultation here: aba.link/o47

    • @EstatePlanVictim
      @EstatePlanVictim 3 місяці тому

      @@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 3 місяці тому

    Strategy

    • @TobyMathis
      @TobyMathis  3 місяці тому

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    @casanovabrown98 3 місяці тому

    Strategy

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      @TobyMathis  3 місяці тому

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    @truthhunter4270 2 місяці тому

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      @TobyMathis  2 місяці тому

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    @vhhomes251 2 місяці тому

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      @TobyMathis  2 місяці тому

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    @Luis_C3O 2 місяці тому

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      @TobyMathis  2 місяці тому

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    @Preach_the_Gospel_7788 Місяць тому

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    @aceleve265 Місяць тому

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    @techiescrapper Місяць тому

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    @TheYamyam50 Місяць тому

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    @stevennicodemus4111 22 дні тому

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      @TobyMathis  19 днів тому

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    @gtdadof10 21 день тому

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      @TobyMathis  19 днів тому

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    @tonymunguia1688 18 днів тому

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      @TobyMathis  16 днів тому

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    @johnhatcher7752 14 днів тому

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      @TobyMathis  12 днів тому

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    @rafles1507 10 днів тому

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    @deirdrew4806 7 днів тому

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    @hom-akase День тому

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