Can I add the duplex into the LLC at any time or do I have to wait 1 year?

I purchased this under the name of LLC#1.

Hello! This question is for full-time real estate investors who do not have anyone in their family receiving a W2 (i.e. no employees).I quit my "W2 job" in December 2018 and our family now manages our real estate full...

Usually, it's forming a Texas LLC with a customized operating agreement.

At the end of the day I realize I should go to an attorney for advice and help setting this up, but was hoping to get some initial feedback to have an educated conversation.My initial thought was to create an LLC for each individual property, and then one for each of of the siblings.  

If you want your LLC to be a bona fide LLC, revenue must enter and expenses paid out of the business account.

Hi all, I was wondering if anyone has used a lender David and David LLC?

I listened to an interesting audio book in the Rich Dad series authored by a CPA.

The Mtg company said I would not be able to do a deed transfer into an LLC. 

You would then use this account for your credit from the above transaction.Make sure it's not included with your other expenses because you want your Profit and Loss to look like this:Income  xxxExpenses xxxNet Income xxx  <-----  This number is still really important to keep track ofNon Taxable Transactions xxx <----- This number will need to be added back to the Retained Earnings number as a manual adjustment on the tax return, if this is a multi member LLC, S-Corp or C-Corp. for each year going forward.