All Forum Posts by: Max Brudner

Really appreciate the insight - thank you all!! 

The land is 150’ front to back and 85’ side to side. I have a 10’ side easement and about 10’ front and back. There’s a alley road in the back. Please see the picture. Thanks! 

I think that’s going to be my obstacle… it’s very little land. Appreciate the insight! Thank you!

Sorry, to clarify, I mean would there be demand for flex space with limited parking? I meet the minimum requirements by code. I’m just concerned I’m going to build this standalone flex space surrounded by residential homes and factories and won’t find tenants because it doesn’t meet their needs. 

Does flex space like this require a lot of parking? I have some commercial land in Louisville, KY and want to build something similar to the picture above, but there’s not a lot of room for parking. The whole building would be about 5,000 SF, which could be divided into 4-6 units easily, but there wouldn’t be parking for big trucks. There’d be 10ish parking spots for cars.   Street parking is available, but limited. Makes me hesitant to build it. Thoughts? 

@Ashish Acharya

Thanks Ashish, does this mean I can have my QuickBooks tied to the parent company and simply have multiple levels of classes? For example, ‘disregarded entity: property’.

Hey all, brand new one here - first post! I've been reading a lot, but can't find the answer to my question. I have two rental properties, building two new ones right now, and have four more lots on which I plan to build either SFRs or 4-plexes. Either way, my portfolio will be growing this year. I'm looking to keep 1-2 residences per LLC to minimize risk - so this will require me to have multiple LLCs. Unfortunately, that makes it extremely difficult for bookkeeping. I use QB Desktop and track my properties using Classes, but I don't want to have to jump between many separate QB companies to maintain my books. I have a parent company and my LLCs are members of that parent company. My question is - can I maintain all records and books and file taxes at the parent company level and treat my individual LLCs are disregarded entities?

Thank you,

Max