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 over 1 year ago,

User Stats

6
Posts
1
Votes
Julio Bradley
1
Votes |
6
Posts

LLC Protection and tax advice

Julio Bradley
Posted

Hi,

I'm a U.S citizen with rental properties in the U.S. I have one property in a single member LLC and another property in my name only. I plan on moving this property into a separate LLC later on. Is there any legal advice on making sure the LLC's protect my personal assets. My current LLC has separate bank accounts and separate street addresses. Is there anything I need to be aware of when doing this, or if there is any helpful advice when doing this?

Also is the form 1040E all I need to file my LLC during tax season? My CPA said that the information on the 1040E will also need to be filed along with a 1040C, but that doesn't make any sense.

Loading replies...