Transfer Property to Property Management LLC for Real Estate Professional Status?
The Real Estate Investor’s Guide to Tax Breaks, Risks & Red Flags
We have a property in a separate LLC, should it be transferred to our property management LLC, which can qualify as a real estate professional?
Question ID: 6604150 Status:
Open Jul 24, 2025 - 06:03 PM
1answer
Answer
Jul 24, 2025 - 06:05 PM
An LLC does not qualify as a real estate professional. A *person* qualifies as a real estate professional. So to answer your question, no. That doesn't make – no, you don't need to do that. It sounds like a lot of work for nothing. Well, not a lot of work, but no, you don't need to do that.
View More Webinars Details
View all The Real Estate Investor’s Guide to Tax Breaks, Risks & Red Flags Questions & Answers
