An accountability chart is similar to an organizational chart except an organizational chart is your existing team and an accountability chart is what you are looking for to scale to the next level of your company.

It's 180 months.The costs associated with forming the LLC  ( Filing fee, attorney fees and so forth ) are considered Organizational cost and are only deductible if less than 5000.

Some of these expenses can be treated as organizational or start-up expenses, some can be reimbursed by the new LLC, etc.The only early business expenses that are normally non-deductible are expenses for investigating a business that never commenced. 

I consult on partnership strategies, Development Strategies, Accounting and IT Infrastructure, Organizational Structures, Operational control, processes, perform financial analysis and cash flow analysis, help standardize company ledgers to create consolidations, HR and Payroll, customer relationships, etc....basically anything that has to do with your business, I can find a way to screw it down tight. build a better mousetrap.And no I am not a Realtor

As I moved up into public management, the organizational policies forced me to adopt more liberal views as politics evolved.

The added layers to accounting, in my opinion, is the price of admission…but as long as you have organizational systems in place then it should be straightforward accounting come year end.RE Lenders having issues with LLCs: this is probably the biggest factor to take into account.

For organizational costs, I don’t think it would be necessary to set up an entity at the outset, but that depends on how you are going to finance the property and a few other variables which a tax advisor/attorney would need to know in order to properly advise.  

IMO, people miss the boat in the very beginning in their Organizational filing.

From all that I have read, and using that to base our organizational structure from the very start, I would love to know the possibilities of recouping the start up costs from setting up what my wife and I hope to grow into a large portfolio.We started with a WY Holding LLC (as recommended by many) into which we put ownership of the state-specific LLC where our rental property is. 

You may be saving a few hundred dollars today, but believe me when I say failure to have an attorney aid in putting together your corporation could cost your entire life savings and send you bankrupt in a single lawsuit.There are dozens of organizational structures available to an investor, and an LLC may not even be in your best interests.