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Updated about 1 year ago, 11/16/2023

User Stats

86
Posts
61
Votes
Jeremy Chaudet
  • Investor
  • Philadelphia, PA
61
Votes |
86
Posts

Owning property in personal name and having tenants pay LLC

Jeremy Chaudet
  • Investor
  • Philadelphia, PA
Posted

Hello,

I have one property in an LLC and the rest in my personal name. The property in the LLC happens to be managed by a property manager so they pay the LLC. The rent for the rest of my properties in my personal name are being paid directly to me.

Would there be any benefit to having all payments be paid directly to the LLC? I was thinking that this would at least help when I file my taxes and all payments are in one area. 

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