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29 January 2025 | 12 replies
Don't set up an LLC at all.
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30 January 2025 | 21 replies
@Stepan Furdei, please try Quorum FCU, where they tout ownership in an LLC is OK.
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4 February 2025 | 13 replies
An LLC with 2 +members does normally require a 1065 filing.
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31 January 2025 | 6 replies
And this LLC could be disregarded.
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2 February 2025 | 13 replies
. $800 yearly tax for each LLC.
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1 February 2025 | 0 replies
Could be an individual Member of the LLC.
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29 January 2025 | 7 replies
I see other people have their primary residence as an LLC however.
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28 January 2025 | 6 replies
That likely means that they are not good with money management which you are likely expecting from him.To answer your question, if you are doing long-term rentals, the LLC taxed as a partnership is likely the go to route.Best of luck.
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27 January 2025 | 6 replies
Yes, you can transfer your properties to an LLC without refinancing, but here’s what to keep in mind:1.
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28 January 2025 | 4 replies
You have two unrelated questions here.Question 1My impressions of your LLC setup is that having the ownership change over time is too complex with the potential for misunderstanding.