Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 almost 8 years ago on . Most recent reply

User Stats

59
Posts
14
Votes
Monica Kovalsky
  • Real Estate Investor
  • Amherst, NH
14
Votes |
59
Posts

New to LLC's and Looking for Advice

Monica Kovalsky
  • Real Estate Investor
  • Amherst, NH
Posted

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

Loading replies...