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Updated over 4 years ago on . Most recent reply

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Peter S.
  • Real Estate Agent
  • Forest Hill, MD
2
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24
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Property Management as an LLC or a C-Corp

Peter S.
  • Real Estate Agent
  • Forest Hill, MD
Posted
I'm looking to start my own property management company for rentals. The rent would pass directly through to the LLC that owns the properties. Should I form an LLC or a Corporation for the property management company? Thank you!

Most Popular Reply

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Drew Sygit
#1 Managing Your Property Contributor
  • Property Manager
  • Royal Oak, MI
5,889
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9,201
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Drew Sygit
#1 Managing Your Property Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Peter S. Did something similar ourselves years ago. Set up an S corp for the PM company, had each property in it's own LLC. Everything went through the PM company, which then sent income less expenses to each LLC. Allowed us to avoid needing separate back accounts for each LLC.

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Logical Property Management.
3.0 stars
2 Reviews

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