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Updated over 6 years ago,
Manage Personally Owner POroperty as LLC
Sorry for the botched title!
I own a couple rental properties in my personal name. I have an LLC (Single member self managed) I just started for general contracting/ renovations repairs for customers. I'm setting up Buildium and am trying to structure my leases, payments, and expenses through the business accounts.
Can I have the LLC designated as the Landlord and then sign on it's behalf even though the properties are in my personal name?
Any special considerations for expense reporting?
Also, I have dwelling policies on each of my properties in addition to an umbrella policy. Will assigning my LLC as landlord limit what these policies will cover me for?