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Type of LLC
I currently own two SFR as long term rentals that were bought under mine and my wife's names. I am looking at starting a LLC both am confused with a member managed or a manager managed. My CPA says a single member LLC with my wife as a manager. This will keep my taxes on my personal tax return, which I think is the way I want to do it. My lawyer friend (not real estate law) says it should be a manager managed but I don't know if he is looking at the tax structure. What type should I be looking at?