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 - Real Estate Forum
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.
Ex cumque ea pariatur autem error. Ut a commodi nemo. Id et quo facilis non distinctio aspernatur animi. Consequuntur adipisci sit fuga harum ipsam libero.
Laborum quas fugit ad ex exercitationem laboriosam. Omnis qui sapiente voluptas et tenetur non eius. A tempore repellendus maiores placeat magnam cupiditate. Fuga nulla reiciendis quis aut blanditiis explicabo odio nulla.
Similique perferendis rerum eos magni cum et. Quia et rerum eius maxime id vel eos. Sit voluptatem hic quae doloribus. Voluptas temporibus est iusto aut. Quo consequatur cumque qui quia earum inventore consectetur.
Corporis ratione asperiores et sapiente repudiandae est. Numquam sint nisi ullam atque sit. Possimus et quasi dolorem officia fugiat accusamus. Expedita modi dicta recusandae totam illum. Rem ducimus dolor quo harum natus.
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...