Find out how much that exemption will actually drop your property taxes.
Figure out how much it costs to establish and the annual fee for LLCs in IN.
See if the amount saved in taxes overcomes the fees for the LLC each year (don’t forget extra LLCs = extra tax returns filed).
In the beginning, I thought about having each property in its own LLC. Now that my wife and I own several dozen, I can’t imagine keeping different bank accounts for each one as well as the annual fees, etc.
Yeah, I haven’t seen the guys for awhile now due to some things that came up in my life. They put out that live cd and said that was going to be it, but now it looks like they’re going to record another one of new music. Each one has been better than the one prior. Tragic City Symphony was really good IMO.
They’re really cool guys too. Very talented.