All Forum Posts by: Paul Greenberg

@Daniel Kent - Thanks for your input. I kind of figured that's how we would proceed. Did you consult with an accountant or attorney ? Not sure if I need them or not.

@Ryan Daigle - Thanks Ryan!! The first unit will be a cash purchase under a personal name. Im thinking of refinancing that and depositing the proceeds in a business account and using ot for a down payment on the first property purchased under an LLC

I'm ready to dive in to rental property purchases in Palm Beach County, FL. Will be doing so with a family member and I don't know whose name(s) the property should be under, whose name(s) the bank accounts should be under, etc. 

If one partner is a 50-something and the other is 19 years old, would we refinance individually or under an LLC ?

Lots of questions, looking for an advisor.

Thanks in advance