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Updated almost 4 years ago on . Most recent reply

Toby Khan's profile image
Toby Khan's profile image
Toby Khan
  • Investor
  • from Minnesota & Kansas
  • Member since Sep 12, 2020

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Toby Khan's profile image
Toby Khan's profile image
Toby Khan
  • Investor
  • from Minnesota & Kansas
  • Member since Sep 12, 2020
Toby Khan
  • Investor
  • Minnesota & Kansas
75
Votes |
176
Posts
General Landlording & Rental Properties

How many properties in one LLC

Toby Khan
  • Investor
  • Minnesota & Kansas
Posted

Hey guys,

We have more than 20 properties in one LLC. As we are buying more properties in Kansas I'm thinking if we should connect with a local CPA down there to have another LLC based in Kansas then newly bought properties to be under that LLC. What's the rule of thumb for how many properties to be in one LLC (best practices for risk and fees).
Any advice would be appreciated. 

Toby

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Nathan Gesner's profile image
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Nathan Gesner
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Nathan Gesner's profile image
Nathan Gesner's profile image
Nathan Gesner
  • #2 All Forums Contributor
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Nathan Gesner
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  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

The general rule of thumb most commonly recommended is no more than $1 million equity in each LLC.

  • Nathan Gesner
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