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All Forum Posts by: Lexie Greenheck

Lexie Greenheck has started 3 posts and replied 4 times.

Post: Structuring LLC and Holding LLC

Lexie Greenheck
Pro Member
Posted
  • Posts 4
  • Votes 1

Frank, this is exactly what I was looking for. Thank you so much!!

Post: Structuring LLC and Holding LLC

Lexie Greenheck
Pro Member
Posted
  • Posts 4
  • Votes 1

Hi all,

I'm in the process of structuring my LLC's. I have one LLC that is intended to be my "holding LLC" and two other LLC's that will each hold one property and will fall under the holding LLC. My question is around filing. If I intend to have two LLC's under my holding LLC, does the holding LLC have to be the "manager" of each of the LLCs during filing or how do I actually put the LLCs under the holding LLC. Thanks in advance for any guidance you can give me!

Post: Creating my Operating Agreement

Lexie Greenheck
Pro Member
Posted
  • Posts 4
  • Votes 1

Hi BP,

I am a new REI and am fortunate enough to have a partner. We are meeting this week with a lawyer to hammer out the operating agreement. This partner will be working with me across multiple deals.

What are some some things that a newbie may not know about creating an operating agreement with a partner? Things I should/shoudn't include in the operating agreement?

Thank you in


Post: Initial CPA Consultation

Lexie Greenheck
Pro Member
Posted
  • Posts 4
  • Votes 1

Hi BP!

I am a new REI and am in the process of scheduling an initial CPA consultation. I have an LLC, silent partner, one home and am ready to get rolling on more purchases but want to take as many preparation steps as possible when it comes to finances and taking advantages of tax breaks.

What are the main things I should discuss with my CPA when just starting out?

Thanks for the