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Updated almost 6 years ago,
Use LLC to collect rents and pay bills on behalf of owner
Howdy Folks,
I own a number of properties in the DFW area, and wanted to have my single member LLC receive rents and make payments for all of the properties I own. I do not have a Texas real estate sales or brokers license. Are any of the members doing that, and have you had any issues with this? Is there a good way to do this?
Note: I'm not doing this to limit liability, just to simplify a somewhat messy reporting approach.