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Updated almost 8 years ago on . Most recent reply

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James Petry
  • Girard, OH
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Keeping transactions organized to the llc

James Petry
  • Girard, OH
Posted
Hi BP people . Closing on my 2nd rental now since becoming a member. I decided how's the time to convert to an llc. My question is gjis though ( I was told to keep all the property transactions in the llc. How do u guys/girls keep all the transactions organized / within the llc name .... hopefully my question makes sense

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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@James Petry some investors keep each property in an entirely seperate LLC. So one LLC per property. There are several also financial programs that can help with tracking numbers for you. Hope this helps.

  • Andrew Postell
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