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Tax, SDIRAs & Cost Segregation

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33
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Joseph Garner
  • Rental Property Investor
  • Clearfield, UT
4
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33
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Personal Vs Business

Joseph Garner
  • Rental Property Investor
  • Clearfield, UT
Posted Nov 25 2019, 10:02

Hi guys,

I currently have 3 properties which together is 7 doors. Currently I have all of them under my name, is that fine or is it something I should get with a CPA about and get them under an LLC? Mainly for tax and liability reasons.

Secondly, I use personal credit cards/bank accounts for most of, if not all transactions. Should I also change this into

A business?

Any suggestions would be awesome. Thanks

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