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Apr 15, 2021 · Domestic Limited Liability Company (LLC) Jurisdiction Texas (US) Registered Address. 5946 BROADWAY; SAN ANTONIO; 78209-5236; TX; USA; Alternative Names. TEXAS HOUSE RENTALS LLC (trading name, 2021-04-15 - ) Agent Name PhysicalAddress.com, LLC Agent Address 539 W. Commerce St, Dallas, TX, 75208, USA Directors / Officers 2 officers available ...
Overview. Company Description: Key Principal: OMID ZARGHOUNI See more contacts. Industry: Commercial and Industrial Machinery and Equipment Rental and Leasing , Rental and Leasing Services , Real Estate and Rental and Leasing , Equipment rental and leasing, nec.
- 539 W Commerce St, Dallas, 75208-1953, TX
- Manager And Member
- What Is An LLC?
- Who Should Create An LLC?
- Alternatives to An LLC For Rental Properties
- When Should I Start An LLC For A Rental Property?
- Should I Have Multiple LLCs?
- How Much Does It Cost to Form An LLC?
- How Do I Set Up An LLC?
An LLC (Limited Liability Company) is a business structure that protects owners from being held personally liable for the repayment of debts or liabilities. Once formed, the LLC will act as the landlord rather than one individual owner. However, keep in mind an LLC is not a magic cloak of protection, you can still be held personally liable in some ...
Anyoneconsidering renting out a propertyshould consider an LLC structure as it will offer much of the same protection as a corporation. There are over3.6 million eviction casesfiled in the U.S. every year, not to mention cases of discrimination, warranty of habitability, personal injury, and more. So, there is a real chance you could experience a l...
Some real estate investors opt to form other types of companies for their rental properties. While there areno alternativesthat do what an LLC does, these options may be better suited for your needs. Check out this table for a list of benefits and drawbacks compared to an LLC of each of these company types:
It is best to start your LLCbefore you purchase a rental home. This can help alleviate lender issues that arise when trying to transfer your property title to an LLC. It will also keep you from having to update and resign current leases. However, if you already own an active rental, you still want to get your LLC started ASAP. If you are sued befor...
Creating multiple LLCs isnotlegally required. However, many owners prefer to keep their properties separate. Multiple LLCs allow for: 1. Reduced liability– you can only be liable for the assets in each LLC 2. Increased tax benefits– each LLC can have its own tax structure, this can help you decrease tax spending as you can determine which structure...
State lawsrequireall business owners to pay a filing fee to form an LLC. The cost varies by state. Check out the list below for the filing fee in your state: Keep in mind that most states have additional annual or biannual fees that must be paid to keep your LLC active. Additional fees typically range from $0 to $800 with an average of $100.
To create an LLC, you will need tofile with the Secretary of State’s officein your state. However, keep in mind that creating an LLC isn’t just filing one form. Several steps must be taken to create an LLC including: 1. Talking with your lender 2. Choosing an LLC name and registering it 3. Finding a registered agent 4. Filling out and filing The Ar...
May 21, 2024 · Start Your Texas LLC. Starts at $0 + Texas state fees and only takes 5-10 minutes. Excellent 15,363 reviews. Last Updated: May 21, 2024. A rental property LLC can be a fantastic way to protect your real estate investments in the Lone Star State, setting yourself up for a safe but lucrative business venture.
Zillow has 29002 single family rental listings in Texas. Use our detailed filters to find the perfect place, then get in touch with the landlord.
Houses & single family homes for rent in Texas. 28,838. Rentals. Sort by. Best match. Brokered by Resident Realty, LTD. new. For Rent - House. $2,950. 3 bed. 2.5 bath. 2,033 sqft....
Should You Create an LLC for Your Rental Property in Texas? January 5, 2023 by Luis Rojo. Owning property in Texas puts you in a decent financial position – especially if you’re renting the property and making a profit on it.
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