It is a tough one but it's very rewarding once you get into a groove of things

Right now we have it where the agreements shows she's the landlord of her property and I'm the landlord of mine but wondering if there was a way to make it under one individual as the landlord?

Since each of your LLCs owns 50% of the holding company, but the holding company doesn’t own your individual LLCs, the IRS will likely treat your LLCs as separate, single-member LLCs for tax purposes.

I wonder if it was because it was under an individual and not a business.

I’m here to learn, grow, and connect with like-minded individuals who can help guide me along the way.I’ve been fortunate to build great networks so far, but I know there’s so much more to discover in the beautiful world of real estate.

It's truly like having multiple LLCs formed but without the administration tasks and fees that come with having multiple individual LLCs.

I am local to Gainesville, there is a monthly bigger pockets meet up with some awesome individuals that lead it.

So happy to connect with likeminded individuals as we learn & grow together.

Also, we can be relatively sure that they won't overstay without permission, as we tend to be fully rented for a year or more out, sequentially to 3-4 separate individuals.

BRRR is high risk high reward.