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Tax, SDIRAs & Cost Segregation

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Jesse Spaur
Pro Member
  • Rental Property Investor
  • Titusville, FL
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10
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start LLC for first rental? Transfer of $$ to llc?

Jesse Spaur
Pro Member
  • Rental Property Investor
  • Titusville, FL
Posted Nov 11 2019, 18:42

I have a few ?s regarding business entities and purchasing properties in the business name.

1. What type of business entity should I start for rentals ? Im guessing llc ? and why? 

2. How do I get a conventional 30 year loan or something similar from bank into business name to protect personal assets? 

3. I have 75k in personal savings account that I want to use to invest with, what is the best way to give that to new company without many headaches or what are some concerns when transferring the money ?

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