The Limited Liability Company business structure is popular because it is a hybrid of a corporation and a partnership, offering the benefits of both. For a rental property owner, incorporating as an ...
Karla Dennis, EA, MST & CEO of The Award Winning Tax Accounting Firm, Karla Dennis and Associates Inc.—Specializing In Tax Planning. You seriously want to be like Mrs. Jones when you grow up. Now you ...
Forbes contributors publish independent expert analyses and insights. Christine Fletcher writes about managing trusts and estates. Owning rental real estate can be a great investment. If you have a ...
When you have valuable assets, significant costs or debt, or the possibility of someone getting hurt, a limited liability company (LLC) could help shield you from liability. Additionally, it can also ...
Many small-business owners who rent out property use a limited liability company as their form of organization. In fact, some real estate companies put each rental property in its own LLC as a ...
Q: I own a rental property that I put into a limited liability company (LLC). Now I’m planning to make this property my primary residence. Should I dissolve the LLC? Would there be any taxes on this ...