Also there could be a good chance the borrower files BK if they are still alive.

However, managing multiple LLCs can mean higher costs and administrative work (separate bank accounts, annual filings, etc.).It depends on your risk tolerance and ability to stay organized.

If so, your IRA will most likely need to file a 990t tax return annually and pay this tax. 

They sent me the Excel files over and I was made to believe it was optional.

Whether it's mold, COVID, or a non-paying renter, a quality PM acts quickly and decisively to protect people, property, and the landlord.If you feel the PM was negligent in their response, you can file a complaint with the state commission.

A good way to avoid this in this future is to use a vendor worksheet/package that request the pertinent contact information along with a document request for the filed out W-9, copy of business license, Worker comp and liability insurance certificates.

Be sure you have registered ALL your Corporations and LLCs by December 31, 2024Failure to file is a $500/day/entity fine!

Separate LLC per Property: Maximizes liability protection but adds complexity and costs with individual tax filings.3.

Your company is just slow to file their updates, which in this case is in your favor.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.