opening rental property LLC

[Newporagadu]

Opening LLC for rental properties .... using Legal zoom kani vadu edho packages aduguthunadu do we really need it.... i clicked no  for everything and final checkout shows only state fee do we really need those packages?

[Allarinaresh10]

Lep…. Need same details 

[sarvayogi]

whats the easiest way to open LLC..I want to transfer my rental properties to LLC and me and spouse are owners now..is it possible?

[FrustratedVuncle]

1 hour ago, Newporagadu said:

Opening LLC for rental properties .... using Legal zoom kani vadu edho packages aduguthunadu do we really need it.... i clicked no  for everything and final checkout shows only state fee do we really need those packages?

GC unad? LLC ki GC kavali anukunta kada

[usetime63]

38 minutes ago, FrustratedVuncle said:

GC unad? LLC ki GC kavali anukunta kada

GC avasaram ledu , $100 untey chalu. 

[LungiLingaraju]

Following.. 

[CrazyLuckyGuy]

2 hours ago, usetime63 said:

GC avasaram ledu , $100 untey chalu. 

H1B meda unnapudu you can't take income from an LLC or a business unit.

Either Wify ni H4EAD ki marchi , then open a LLC on EAD.

 

[Guest]

LLC has advantage only if multiple people are involved in buying or in the business 

[LungiLingaraju]

1 minute ago, Guest said:

LLC has advantage only if multiple people are involved in buying or in the business 

Oka investment prop kontunam … GC undi .. LLC petti wife and myself owners pettadam better aa ? Leda direct wife name meeda konadam better aa ? … advantage enti bro .

[Guest]

32 minutes ago, LungiLingaraju said:

Oka investment prop kontunam … GC undi .. LLC petti wife and myself owners pettadam better aa ? Leda direct wife name meeda konadam better aa ? … advantage enti bro .

Multiple people other than family unnappudu it’s easy to distribute gains or losses between the partners. Other advantage is if something happens to the rental property and you are not a position to make the mortgage payment and default it or foreclosure it, adi neeku direct ga affect avadu. Only these two are advantages..first di neeku apply avadu..second di manam default cheyamu

LLC fees annual untadi..tax filing headache untadi

[LungiLingaraju]

21 minutes ago, Guest said:

Multiple people other than family unnappudu it’s easy to distribute gains or losses between the partners. Other advantage is if something happens to the rental property and you are not a position to make the mortgage payment and default it or foreclosure it, adi neeku direct ga affect avadu. Only these two are advantages..first di neeku apply avadu..second di manam default cheyamu

LLC fees annual untadi..tax filing headache untadi

Thank you 🙏🏻 

[Hitman]

Following for a friend 

[LungiLingaraju]

We are in primary living since 7 years .. looking to buy another one as primary on wife name … Adi rent ki ichinam anuko ela telustadi ? Bank ki or g@vmnt ki ? 

[Newporagadu]

Check this ..if anyone looking to buy a property using LLC account 

https://www.instagram.com/reel/Csqs36GJK46/?igshid=NTc4MTIwNjQ2YQ==

[rmJU72]

Instead of LLC you can also take umbrella insurance that covers your net worth.