All Forum Posts by: Jordan Ross

Hey everyone I live in CA and was looking to remotely manage 10 units (four flex 2x and duplex) in IL. I was trying to get an app for communications and rent collections. Any recommendations ??

I am trying out stessa and tenant cloud so far.

@Dave Foster

To clarify the property is currently held by both husband and wife. The LLC will only be in husband's name.

We do file jointly in CA

We have sold our CA rental property & have identified a 6 unit in TX. The 6 unit needs to be put into an LLC. My question is a 1031 ok to do as married couple into an TX LLC. We have been hearing a single entity LLC with no creation of EIN.

The 1031 exchange company said it shouldn’t be a problem . My CPA cautioned me. I would like some reassurance that it can and has been done. 

Thank u