Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago,

User Stats

15
Posts
4
Votes
Gina Qing
4
Votes |
15
Posts

Single member LLC and EIN

Gina Qing
Posted

Hello BP friends, Hope all is well. 

I am going to set up a single member LLC in California and use that entity to hold the title of a property that we will be purchasing. I and my husband will be the only members in the LLC.

To start a single member LLC, do I have to apply for a new EIN for the LLC? I had an impression that it would not be necessary, as a single member LLC is a disregarded entity, and the tax return will be filed under our personal social security numbers.

Also, if the property is in a different state than the one where the LLC is based in, would that be ok?

Thank you very much for your expertise and insights in advance. 

Best Regards, 

Loading replies...