12 LLCs in 3 states. All operating agreements one click away.
Owen Marsh owns and operates 9 single-family rentals and 3 short-term rentals across Texas, Tennessee, and Colorado. Each property is its own LLC for liability isolation. That structure works until a lender at 5pm on Friday asks for the operating agreements of all 12.
Where they were when they came to us.
Owen built the portfolio over 6 years. Initially every LLC formation, every operating agreement, every Registered Agent renewal was handled by a different attorney or service depending on which deal closed when. By 2025, his structure was 12 LLCs scattered across 3 states with operating agreements stored in 4 different email accounts, attorney filing cabinets, and his desktop.
What stood in the way.
Operating agreements, EIN letters, and state filings across multiple providers.
Some LLCs used commercial Registered Agent services, some used Owen's personal address, some used attorneys. Costs ranged from $0 to $295/year per LLC.
Each LLC required BOI filing with FinCEN. Penalty $500/day per filing for non-compliance.
Texas, Tennessee, Colorado have different annual report due dates, fees, and procedures.
What we did.
File.Business consolidated all 12 LLCs under one account. We switched the Registered Agent to File.Business for all 12 (free first year, $99/year after). Operating agreements were located, organized, and uploaded to the document vault. BOI was filed for all 12 in a single sprint. Annual report tracking centralized with calendar alerts.
The numbers.
| Operating agreements organized | All 12 OAs in document vault, searchable, downloadable |
| Registered Agent consolidated | 12 LLCs on File.Business RA service (free year 1) |
| BOI filed | 12 BOI reports in 3 days; all updates tracked |
| Annual report calendar | Centralized with email + SMS alerts |
| Time saved | Owen estimates 80+ hours/year recovered |
| Cost reduction | From ~$2,800/year in RA fees to $0 year 1, $1,188/year after |
"When my lender asked for every operating agreement across 12 LLCs at 5pm on a Friday, I downloaded them in three clicks."
Owen Marsh · Founder, Marsh Properties
Plan and add-ons: Scale tier (multi-entity), $199/month covers all 12 entities with consolidated billing.
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On the $129/yr Compliance Annual Filings plan, we cover state late fees.
When you autofile your annual report through the $129/yr plan and we miss the deadline, we pay the state's late fee. The guarantee applies to that specific plan and the filings it includes. Other File.Business services are billed at the prices on this page.