Investor · Burlingame, CA · Member since 2016 · 63 posts · 3 votes
Hello,
I am in the San Francisco Bay Area and I am looking for a tax advisor who can provide advice on tax/ cash flow implications of putting RE investment properties and property management under LLC(s) as opposed to individual ownership. I would appreciate any referrals from the group. Many thanks
Investor · brentwood, CA · Member since 2016 · 1k+ posts · 730 votes
10y
LLCs are typically utilized for liability protection. If the LLC is a single member LLC I am not sure how the tax or cash flow aspects would be changed. A single member LLC is typically disregarded for Federal income tax purposes so it would have no effect for that specific purpose. Not sure how I see cash flows directly impacted either other than the additional fees you will need to pay to set up the LLC and file with the state each year.