Jonathan C.
Accounting Software/Program to Tag Expenses to a Specific LLC
Hey- so I'm bored even asking this question, but unfortunately this seems to be important according to the asset protection person I'm working with.I flip 20-30 houses a year. I'm going to be doing this in a Series L...
Josh Turner
Different LLC's for Different Multi-Family Properties?
First time poster seeking legal input. I own a handful of small multi-family units, plus a few single-family rentals all listed under the same LLC. Considering purchase of an occupied quadraplex...from a legal stand...
Eve Oliver
LLCs and Business account
Hello- I have created 2 LLCs for my 2 rentals that mean I have to have 2 different bank accounts? or I can have just one bank account that can hold all the LLCs. Any suggestions?
Jason Thomas
How many rental properties should be held in a single LLC?
I am trying to determine the best way to determine how many properties should belong in a single LLC? What is the proper criteria to create a second LLC? I have less than 10 properties now but plan to grow every year ...
Miranda M.
Operating LLC but home under my name
Can I create an "operating LLC," keep the house in my personal name AND still be protected? I ask because I just purchased a property in Austin, TX. In TX, we don't pay income tax. We pay property tax. To protect home...
Kevin Hutchens
Investor Friendly CPA Recommendations (Massachusetts )
Hi Everyone! I’m looking for suggestions or investor friendly CPA versed in Massachusetts high tax environment. My wife and I now own 4 doors split across 2 states and we’re getting a little overwhelmed with figuring ...
Chris Hill
Master LLC or just separate LLCs?
Here is my status
I have 10 properties, two of them recently paid off. Ultimately I’ll do 10 LLCs for each one, but for now I have started two new ones for the paid off units, and the rest are still in one.
I was...
Kris B.
Business structure in texas
What's the ideal business structure in Texas for sole-owner, flipping business that offers anonymity, tax efficiency and asset protection? Does anyone have a recommendation between Texas series LLC and WY(or NV) C-cor...
Craig Curelop
Land Trusts
Hi,I recently went to a real estate meetup where a gentleman came in and gave a 90-minute presentation on why we should protect our properties with a land trust. Essentially he advised that each property should have i...
Luke Saglimbeni
How many properties per llc
How many properties in each LLC do you hold. One per llc? Or more? Can tenants sue funds from other properties in llc?