Looking to invest some funds into RE for renting (several apartments/homes). Is it tax beneficial to set up a company vs doing it thru my own income taxes? Does the answer change if I have a couple of investors? Also curious if going the company route....what company structure would be best (s-corp, etc). If it makes a difference, I'm in IB so that may impact some tax deductions I could ordinarily take for investment properties.
Trending Content
Career Resources
LLC all the way.
LLC makes sense. Is it common to have a parent LLC and then have each property be owned by a individual LLCs so that each property isn't liable for the other?
This may be true sometimes, but lenders don't necessarily mind properties being held in the same entity because there is more underlying collateral to protect their interests incase the deal goes sour
Each property you own needs to be in a LLC. Protects you and the rest of your portfolio from law suits etc.....
If you put more than one asset in a LLC, bad move.
Dolorem laboriosam maiores repellendus. Doloribus qui in necessitatibus deserunt tenetur ut tempore.
Cumque iure laudantium soluta iste eum architecto. Aut iste esse tempora alias voluptas consequatur. Sed corrupti consequatur laborum aut. Corrupti quo non quae dolorum sed natus.
Rerum quaerat laboriosam perferendis doloremque odio beatae unde. Et error quos omnis vel doloribus. Dolorem est nisi laborum autem. Commodi quia sint dolores voluptatem dolores incidunt deserunt. Aliquid aliquid sed repellendus et. Sit omnis officiis doloremque incidunt fuga quas sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...