Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

14
Posts
1
Votes
Shehan Omantha
1
Votes |
14
Posts

Multiple LLCs for rental properties

Shehan Omantha
Posted

We have acquired one rental and transferred it to an LLC. We plan to scale up and add another property to our portfolio. What is the best way to hold this property in MI? We are thinking of creating a separate LLC to hold the new rental for liability purposes but have a concern about maintaining accounts for two LLCs and also filing taxes twice. we have read about series LLCs but are not sure whether it could be done in MI.
Thank you

Loading replies...