Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on .
Most recent reply
presented by
What type of entity should I create to govern my LLCs?
If I have multiple rental condos titled within various single-member LLCs (each condo is it's own LLC), what entity should I create to be the "master" entity? This entity would be the "manager/single-member" of the LLCs.
Most Popular Reply
Eamonn McElroy
#5 Tax, SDIRAs & Cost Segregation Contributor
#5 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- Atlanta, GA
- 1,765
- Votes |
- 1,982
- Posts
Eamonn McElroy#5 Tax, SDIRAs & Cost Segregation Contributor
#5 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- Atlanta, GA
The answer is...this should be the result of a deep conversation between you and your attorney and tax professional.
I see way too many people set up a structure that adds $1,000 in annual compliance costs and administrative overhead when they only have $100k worth of rental real estate. Usually not a single word is spoken to a professional before these structures are set up...