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Tax, SDIRAs & Cost Segregation
HomeForumsTax, SDIRAs & Cost SegregationBuy in personal name and transfer to LLC?
Garrett Masiulis's profile image
Garrett Masiulis's profile image
Garrett Masiulis
Pro Member
  • Real Estate Agent
  • from Jacksonville, FL
  • Member since Oct 3, 2016
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Garrett Masiulis's profile image
Garrett Masiulis's profile image
Garrett Masiulis
Pro Member
  • Real Estate Agent
  • from Jacksonville, FL
  • Member since Oct 3, 2016
Connect
Garrett Masiulis
Pro Member
  • Real Estate Agent
  • Jacksonville, FL
8
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29
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Tax, SDIRAs & Cost Segregation

Buy in personal name and transfer to LLC?

Garrett Masiulis
Pro Member
  • Real Estate Agent
  • Jacksonville, FL
Posted Nov 1 2017, 06:59
What are the advantages and disadvantages to buying residential property in personal name and transferring to LLC? I think (not positive) Brandon Turner mention in one of the podcasts that this is what he does and I am curious if this is common. I am currently placing offers for my first property, nothing has landed yet, but I want to be prepared. Thanks!
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