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Updated almost 8 years ago,
New to LLC's and Looking for Advice
Hi,
My husband and I have 21 rental units and decided it was time to move them into LLC's (separate LLC's for each property). Does anyone have any book or website recommendations on how to properly handle the financial end while operating under LLC's?
For example, we currently have our properties under one BOP Insurance policy but I'm not sure if that is allowed under LLC's because we get one bill for all properties and I know you aren't supposed to co-mingle funds under LLC's but I'm not sure all the ins and outs of that.
Any advice or direction would be greatly appreciated.
Thanks!
Monica