Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
General Landlording & Rental Properties
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 over 8 years ago,

User Stats

4
Posts
1
Votes
Benjamin Mahan
  • Investor
  • Cincinnati, OH
1
Votes |
4
Posts

How should my LLC manage and collect rent for personal properties

Benjamin Mahan
  • Investor
  • Cincinnati, OH
Posted

Hello BP friends,

I have just started an LLC and want to use it to manage and collect rents from tenants in my properties that are owned in my personal name. I need some accounting and legal insight on how to correctly do this to be sure that I am following the tax laws. I use an online property management software that can collect rents online and deposit them directly into my LLC's account. BUT the properties they live in are still owned in my name.

Any info would greatly be appreciated.  Thanks!

Loading replies...