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Tax, SDIRAs & Cost Segregation

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Mike Huerta
  • East Bay Area, CA
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Newbie Question - Buying, LLC, Trust, but in what order?

Mike Huerta
  • East Bay Area, CA
Posted Mar 20 2019, 20:38

Looking at buying my first single family rental. Do/should I set up a trust first, or buy the rental first, or set up an LLC then buy the rental, and then assign the trust as a member of the LLC?

I'm eager and exited to buy and secure the home so I'd love to do that first, but if I should really set up a living trust first and create an LLC before I buy the home, then I want to do the smart thing.

Thanks!

Mike

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