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Updated over 6 years ago,

User Stats

27
Posts
12
Votes
Chris Karley
  • Rental Property Investor
  • Findlay, OH
12
Votes |
27
Posts

Manage Personally Owner POroperty as LLC

Chris Karley
  • Rental Property Investor
  • Findlay, OH
Posted

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?

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