PM PROPERTY MANAGEMENT SERVICES

LIMITED LIABILITY COMPANIES

A Limited Liability Company (LLC) offers a legal form of business that is defined by its limited liability to its owners. As a hybrid entity between a corporation and partnership, LLCs are more flexible when taking actions in regard to the debt and financial management of the company and is well suited for companies with a single owner. While the primary advantage of becoming an LLC is limited liability, it also comes with the ability to navigate tax liabilities.

With regard to asset management, there are so many great reasons to form an LLC during a long or short term asset investment:

  • Members will come together to "pool" funds to create a community property repair or improvement
  • A large family will partner to purchase a large real estate property onto which everyone can build
  • A team of investors with a variety of interest assignments come together to purchase property and reap the benefits of profits and losses, without transferring title to the membership interest

Services provided by PM Property "Asset" Management for LLCs (including, but not limited to):

  • Cash Flow Projection Preparation
  • Billing and collection of investment operating funds from members
  • Managing Banking Accounts
  • Reporting for each member(s) (as required)
  • Tax Return Preparation follow-Up and mailing of K-1 tax return forms
  • Escrow Statements

At PM Property "Asset" Management, we understand the set up structure on ongoing maintenance of an LLC. By handling your daily, monthly, and yearly financial management responsibilities, we can take the guesswork and paperwork off your shoulders leaving you confident that your investment is in competent hands.