Updated almost 7 years ago on . Most recent reply
First time investor...
I'm purchasing my first investment property... It is a single Family 3 BD/1.5 BA that havs the potential of $90 - $100K resale. I'm paying $25K with estimated $900 - $1000 mothly rent. I'm a Realtor and have an established LLC for that business. Where is the best place to park my investment? In the LLC, in a trust I have, or use an IRA? I'm currently thinking the LLC... My plan is to buy and hold for at least 5 years.
Thoughts please?