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All Forum Posts by: Olive Eagle

Olive Eagle has started 1 posts and replied 1 times.

General Landlording & Rental Properties

Post: LLC for Property Management ( Not asking homes into LLC)

Olive EaglePosted
  • Posts 1
  • Votes 0

Hello I own and manage 10+ Properties and all have mortgage or paid off. iam not planning to manage any properties owned by others. Please don't advise about putting properties into LLC as i have went thru that route and with existing mortgage no matter what they tell you it's easy to pierce the corporate veil is what i learnt. I want to know should i setup a LLC ( Disregarded Entity) or a S Corp so i can pay some property management fees to that LLC, pay my phone bills, office rents, other expenses as writeoffs ? Looking forward to your thoughts.

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