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Updated over 5 years ago on . Most recent reply

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6
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6
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Anne Shoemaker
  • Rental Property Investor
  • Wichita, KS (wichita)
6
Votes |
6
Posts

Partner or individual ?

Anne Shoemaker
  • Rental Property Investor
  • Wichita, KS (wichita)
Posted

I have found a group of 4 triplexes that the seller wants to sell together. My daughter and her husband are interested in joining with me on this investment. Would it be better for us to form an LLC and buy them as a whole? Or each of us buy 2 of the units and present to the seller?

Tax benefits? Better mortgage rates?

At a glance the rents are in line with the 2% rule. Minimal rehab is needed. All long term tenants.

  • Anne Shoemaker
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