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Updated over 15 years ago on . Most recent reply

Robert Granara's profile image
Robert Granara's profile image
Robert Granara
  • Real Estate Investor
  • from Reading, Massachusetts
  • Member since Jan 18, 2008
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124
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Robert Granara's profile image
Robert Granara's profile image
Robert Granara
  • Real Estate Investor
  • from Reading, Massachusetts
  • Member since Jan 18, 2008
Connect
Robert Granara
  • Real Estate Investor
  • Reading, MA
15
Votes |
124
Posts
Goals, Business Plans & Entities

anyone use an LLC as a Management account for all units?

Robert Granara
  • Real Estate Investor
  • Reading, MA
Posted

i have 19 units...i have been buying them in my LLC but I'm going to swich them over to individual real estate trusts...this is to have more liability protection and ease of management...the LLC will now be the management account for all the properties, so i can just have 1 bank account that i deposit all rents into and make payments from...

does anyone else do this?...anything else i need to know when i do this?

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