Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago on . Most recent reply
David ZhengPoster
#4 Real Estate Deal Analysis & Advice Contributor
#4 Real Estate Deal Analysis & Advice Contributor
- Investor
- Saint Louis, MO
- 1,652
- Votes |
- 970
- Posts
Do Properties in Soley Owned LLC count towards 10 Property Limit
David ZhengPoster#4 Real Estate Deal Analysis & Advice Contributor
#4 Real Estate Deal Analysis & Advice Contributor
- Investor
- Saint Louis, MO
I have a solely owned LLC with a commercial loan and one property on it.
I own 8 other properties under my personal name.
Right now I want to buy a primary for myself but recently I just saw an attractive 4 unit go up that I was to buy conventional to rent out. If I try to buy both I'll be at 11 properties total with 1 under the LLC.
I don't want to jeopardize a close so my question is....does that one property under my SOLELY owned LLC count towards my 10 limit or not?