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J Gray
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Holding LLC vs Operating LLC

J Gray
Posted

Rookie here! We are about to rent our first property and we just wasn't sure if the landlord on the lease should be the holding LLC, which is technically the owner of the property or the operating LLC and which one collects the rent. Also if anyone has a great Pennsylvania lease that they use and want to share. Thanks for the help!

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Drew Sygit
  • Property Manager
  • Royal Oak, MI
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Drew Sygit
  • Property Manager
  • Royal Oak, MI
Replied
Quote from @J Gray:

Rookie here! We are about to rent our first property and we just wasn't sure if the landlord on the lease should be the holding LLC, which is technically the owner of the property or the operating LLC and which one collects the rent. Also if anyone has a great Pennsylvania lease that they use and want to share. Thanks for the help!


If you set it up right, you'd ID the owner as the Holding LLC and the agent as the Operating LLC.

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