@Kim Swidarski You're thinking through this the right way—here’s a concise breakdown of what to consider as you move forward, including key tax implications:LLC Ownership: You're not required to move your current home into an LLC, but doing so could provide liability protection if both units are rented.

And this happened both for the original LLC/Entity preso, and the Tax Services preso.

Hey everyone,We had an agent but they have been unresponsive and I’m trying to confirm all of our coverages.My wife and I own 5 rental units that we quit claimed into an LLC that we also own.

Enter the name of the LLC in line 2.

This is impacting my debt to income (DTI) ratio and I already knew that prior to contacting Seek Capital LLC.

The property should be titled under the LLC.

Quote from @Cosmo DePinto: Hi everyone,Who is everyone using for tax and real estate structuring (LLC’s, etc) in the Long Island area?

I hope you're able to able to make many connections and learn a great deal on this platform.I'm glad to hear that you have an LLC for the launch of your investment business.

It just has the LLC that the seller has it registered under. 

You might want to look into "Checkbook Control" where you create an LLC and have your IRA own the LLC.