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Updated over 1 year ago, 08/18/2023
Best Practice for LLC Meeting Notes
I have several LLCs (holding company that owns LLCs in states where I currently have rental properties). I'm struggling with and have not found any good guidance on how to best keep minutes for my LLCs. Wondering if I can get some advice here.
1. Are there any good, simple meeting minutes templates that can be recommended? I've found a bunch online but they vary quite a bit.
2. How often do you need to have minutes (i.e. once a week, once a month, quarterly, once a year) in order to ensure your LLCs are seen as legitimate?
3. Are there any guidance on the type of decisions that should be noted vs. those that do not? I've talked to some folks who say everything vs. just major decisions. Would love to get some thoughts from the general group here on best practices would be great. This is probably where I'm struggling the most.
4. Do I need minutes for all my LLCs or just the main holding LLC?
1. Are there any good, simple meeting minutes templates that can be recommended? I've found a bunch online but they vary quite a bit.
2. How often do you need to have minutes (i.e. once a week, once a month, quarterly, once a year) in order to ensure your LLCs are seen as legitimate?
3. Are there any guidance on the type of decisions that should be noted vs. those that do not? I've talked to some folks who say everything vs. just major decisions. Would love to get some thoughts from the general group here on best practices would be great. This is probably where I'm struggling the most.
4. Do I need minutes for all my LLCs or just the main holding LLC?
Thanks!