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Tax, SDIRAs & Cost Segregation

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Anthony Barbato
  • Investor
  • Rochester, NY
52
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98
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First time homebuyer question

Anthony Barbato
  • Investor
  • Rochester, NY
Posted Apr 14 2014, 19:27
I want to get started in buy and hold investing ASAP, but I do not yet own my own home. At the point that I decide to purchase my home, I don't want to miss you on good first time homebuyer mortgage programs. If I go ahead and buy investment properties now, the deeds in my name will prevent me from getting these first time buyer programs. Would forming an LLC to use to purchase my investment properties keep my personal name clear of any deeds? Or would this not work?