Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

4
Posts
3
Votes
Brad Cullen
  • Canton, MI
3
Votes |
4
Posts

Single owner LLC or multi owner LLC

Brad Cullen
  • Canton, MI
Posted

Hello,

My wife and I are working on purchasing our second rental house in Michigan. We are also working on setting up an LLC.

Would be it more advantageous to put us as co-owners as part of a multi-owner LLC or just have one of us as the "founder" and the other as an employee to potentially write off as a tax deduction.

We are planning on buying more units in the near future as well.

Thanks in advance for the advice!

Loading replies...