Setting up Entity structure (Holding Co, other LLC's, etc)

[Jay Slater]

Hey Everyone! 

I'm just getting started and reaching out for help with entity structuring (Holding Co, other LLC's, etc). Want to make sure I get things establish correctly now and not have to clean it up later.

Any suggestions on where or whom to work with to get things rolling? 

Thank you in advance!   

-Jay

[Chris Seveney]

@Jay Slater

Loaded question and depends on what you’re investing in. Also

It’s very easy to shift things later on down the road.

As one who setup a multi layered LLC structure- it was a waste of time and money.

At end of the day I would tell people investing in single family rentals to max out the ten loans before doing a LLC.

If you do commercial then yes get a llc, but a llc just increases costs and on single family really does not do a lot to protect you. Once you get a few million in asset equity then move to a llc for belts and suspenders