Best structure for REI business?? (LLC, Land Trust, etc.)

Tax, SDIRAs & Cost Segregation
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Best structure for REI business?? (LLC, Land Trust, etc.)

Terry Thomas
Rental Property Investor · Chandler, AZ · Member since 2019 · 23 posts · 2 votes

Hello all.

I’d like to know what’s the best way to structure my real estate business for anonymity, asset protection, and the best tax advantages?

I've heard of several setups: LLC's within a Wyoming-based holding LLC, LLC in a land trust, etc. Anyone with a similar setup or experience with such?

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  • Lance LvovskyPro Member
    Accountant · Fort Lauderdale, FL · Member since 2013 · 1k+ posts · 753 votes
    6y

    @Terry Thomas

    Best structure is fact dependent. Speak to attorney and CPA. Utilizing LLCs with Revocable Trusts can be a good starting point.

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  • Daniel HymanBusiness Member
    CPA · Milwaukee, WI · Member since 2016 · 2k+ posts · 1k+ votes
    6y

    If you are just starting out and have no transactions under your belt, keep it simple. You can always build out complexity as you progress. 

    If you currently have investments, its best to seek guidance from a pro.

    My Online Accountant572 Reviews
    WebsiteView Page
    2Reply
  • Terry Thomas
    OP
    Rental Property Investor · Chandler, AZ · Member since 2019 · 23 posts · 2 votes
    6y

    @Lance Lvovsky

    Thank you!

    0Reply
  • Terry Thomas
    OP
    Rental Property Investor · Chandler, AZ · Member since 2019 · 23 posts · 2 votes
    6y

    @Daniel Hyman

    Thank you!

    0Reply
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