QuickBooks For Multiple LLCs (Real Estate In Various States?)

Learn the best way to set up Quickbooks when using a WY holding LLC along with several other LLCs holding real estate in various other states. *~ Claim Your FREE 45 min Strategy Session NOW!

Get YOUR most pressing tax questions answered by one of the nations tax Attorneys, Toby Mathis! Join Toby LIVE during this exclusive bi-weekly webinar.

With all the new tax laws Congress passed that are in effect for 2018 you can't afford this opportunity to get your questions answered LIVE with Toby Mathis of Anderson Business Advisors.

Whether your a small business owner, real estate business owner, or you have a corporation, the new tax laws that were passed in 2017 will have some impact on what tax deductions you can take.

Don't be caught off guard or miss out on important tax-saving strategies that your business is entitled to.

🚀 Ready To Take Your Business To The Next Level & Get A Detailed Risk Assessment To Help Protect Your Personal and Business Assets From Lawsuits?
---------------------------------------------------------------------------------------------------------
SUBSCRIBE

~~~~

FREE REAL ESTATE INVESTMENT STRATEGY SESSION

FREE TAX & ASSET PROTECTION WORKSHOP

TAX TUESDAY LIVE

OTHER ANDERSON ADVISOR EVENTS

Learn a rich selection of subjects like tax and asset protection, business, investing, and much more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.

~~~~

FINANCIAL PLANNING & TAX RESOURCES

~~~~

FOLLOW US:

~~~~

CONTACT US
Phone: [phone]
Fax: [phone]

ABOUT TOBY MATHIS

---------------------------------------------------------------------------------------------------------
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. of the information contained herein without seeking professional legal advice.

[mrlewin]

Which Quickbooks will allow me to set my business up where I can label my sub LLCs in classes and have separate bank accounts?

[fishingsoulschristceoofgi]

In this case the topic of conversation is QB desktop and Not QB online, correct?

[annlynkroll]

What if they are businesses in the same state but each business has a different Tax id? They have it set up now as 15 different companies which is insane to handle.

[JohnPaul-oqud]

How would you recommend a family office do this? I have Family A that owns Trust 1 which owns Business i. Except there are 2 families each with multiple trusts and those trusts own multiple LLCs.

I'm thinking a fake company owns family 1 and family 2 as locations. Within those locations, the trusts are set up as classes, then the LLCs are sub account (tags) for their transactions?

Or

Family 1 has its own login. Its locations are its trusts and its classes are its llcs

[steveyulo]

what is the entry if a series LLC invests in another LLC who invests/rent apartments

[rameshmokkala]

If I have Wyoming LLC setup as partnership with two members. This owns a Texas series LLC. Now, I need separate tracking, for Wyoming LLC, Texas series llC (Master) and each cell of Texas series LLC. 3 levels here. So, could I setup Wyoming LLC company file and Texas Series LLC (master) as class and Texas Series LLC cells as sub classess? Does it let me track all 3 levels? Also, I have one bank accounts for Wyoming LLC and one bank account for entire series LLC. Would the setup I proposed handle handle the my two bank accounts explained earlier? Please let me know

[NicholsHomeTeam]

So I'm seeing contradictory information coming out between this video and the other one put out by your company called "LLCs For Investment Property (Accountants Worst NIGHTMARE!) Prt 1 of 3" dated 11/09/219. In that video, it says you should have a separate set of books and not set them up under one file. Any guidance?

[neilstafford]

Do you have to have separate bank accounts for each LLC or one for WY LLC and utilize classes to separate the other LLC's ?