Investor · Oakley, CA · Member since 2015 · 10 posts · 5 votes
Just want to some help please about Puerto Rico, I what to buy a condo in PR and put it in a company not sure in LLC or S Corp. The over all goal is move my 3 rental properties from California into the company in PR. Then retire in 5years and move out there to live and retire and pay 4% tax. I know setting up the business structure is the first step. If anyone can take so time to reach out it would most appreciated. Thanks for your time again.
Warmest Reguards,
Carlos Silva
Investor · San Juan, PR · Member since 2016 · 31 posts · 14 votes
9y
Carlos,
I would suggest you going for an LLC. If you need help setting everything up, Send me a Private Message. We are in San Juan, Puerto Rico and provide legal and marketing services to small businesses including Act 20 and 22 matters. Besides, we have an LLC for Real Estate Investments so we also know this business well.
Investor · Oakley, CA · Member since 2015 · 10 posts · 5 votes
9y
Thanks for reply Alejandro Herryman, I'm new to using bigger pockets not sure how to send a private message but I'll figure it out. I also good friend that are helping to setup the LLC business since they did them selfs but for online business. But I'll definitely get in contact with you to make sure I'm on the right track of getting everything set up properly. Thanks again I had a time for your advice and time.