We will be discussing the new tax laws and how to maximize your returns. Please submit a question for the speaker or suggest a topic that you would like them to discuss.
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Hi, can someone please address holding residential rental properties in LLC? Sorry, this is detailed, but I seem to hear this discussion frequently and have several unanswered questions. 1. Is it better to put multiple properties into a series LLC or separate LLC’s or use an equity stripping setup? What are the differences, such as liability protection, cost, taxation, flexibility to make changes, insurance, and commingling of funds? 2. From your experience, how often has an LLC protected an owner beyond what a PUP would have done? Or, how often are owners sued for amounts that exceed traditional liability coverage… Read more »