The property is under their name but I’m thinking of moving it to an LLC (they would still be primary owners of LLC)z  Any strategies anyone would recommend to do this without creating a taxable event?

The other is that small multi unit buildings typically have a few less expenses since they are run more like mom and pop buildings (No LLC, no leasing fees, no property manager fees, etc). 

But most importantly, you'd have to pay the $800 foreign LLC fee in CA. - one single LLC - easy for administration, but defeats the goal of asset protection.- trusts - deeding each property to a separate land trust each and then the land trusts in turn grant beneficiary to an operating LLC.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Some of them are in an LLC, managed by a property manager.

I'm an educator, a personal caocher and business advisor and since my kids has grown up 10 years ago I started doing real estae in Israel, where I live.A few years ago we went into some 3rd party investments in the USA, as part of an LLC group of investors- one in Manhattan and one in Atlanta.Based on the experince I have with those market (as well as Newtom MA, where I lived for 3 years) I lately decided to choose Milwaukee as my next market, focusing at the moment on single family houses.I'm looking into 3/2 single familiy houses to buy and will be happy to work with local agents and build a team.

Current value: $950,000 -$1,050,000My psychotherapy practice (www.tnmentalwellness.com) rents this space from our rental property LLC.

i also need some input on whether forming an LLC would be a good idea. 

Should I pay a lawyer $2000 to start my LLC or should I start with Legal Zoom and pay around $300?

My psychotherapy group practice (Tennessee Mental Wellness: www.tnmentalwellness.com) rents this space from our rental property LLC.