Updated over 9 years ago on . Most recent reply
Questions on Trusts and LLCs
New here, my brother and I would like to buy a rental property here in NY. Im new to the game but I went to a seminar and the speaker said to set investments up through a trust and then through an llc. Which is the best way to set this up? I would be renting to college students in upstate NY. Also, is there any benefit to setting up a consulting company to my llc for any tax benefits or to keep $$ in different account to limit liability? Thanks!