So if you buy a house on financing, loan will be in your name and you will not be able to read the property to LLC name unless you get a commercial loan, how do you get around this problem?
What is the best way to deal with a state like California? Currently I have properties in California and in a California LLC. The challenge is that it is expensive. 800.00 a year for the LLC itself as well as a tax return for the LLC raising costs per year even farther. For each additional property in Ca. Should they all be in a single LLC of their own? Is there a better way to do it?
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So if you buy a house on financing, loan will be in your name and you will not be able to read the property to LLC name unless you get a commercial loan, how do you get around this problem?
What is the best way to deal with a state like California? Currently I have properties in California and in a California LLC. The challenge is that it is expensive. 800.00 a year for the LLC itself as well as a tax return for the LLC raising costs per year even farther. For each additional property in Ca. Should they all be in a single LLC of their own? Is there a better way to do it?