qbteachmt
Level 15
12-07-2019
07:24 AM
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You don't put property into a corporation that you will manage for purposes of rental income, because corporations require payroll. Otherwise, at least in MT, we always put property, other than personal residences, into an LLC; even RVs. For instance, you might bundle your residential rentals into different LLCs up to some value held in each LLC, such as $1m or $5m, as a segregation concept.
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Don't yell at us; we're volunteers