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All Forum Posts by: Tyler Watson

Tyler Watson has started 2 posts and replied 5 times.

I have read many different things on which business structure you should use for investing. In Robert Kiyosakis book he recommends a corporation. However, I have read in other places an LLC may be better. What is going to give me the best tax benefits and protection of my assets?

Post: My First BRRRR - Any Advice?

Tyler WatsonPosted
  • Investor
  • Syracuse, UT
  • Posts 6
  • Votes 1

@Noah Chappell

This is good stuff! Thank you! I really appreciate the help!

Post: My First BRRRR - Any Advice?

Tyler WatsonPosted
  • Investor
  • Syracuse, UT
  • Posts 6
  • Votes 1

@Marc Rice

Great thoughts! Thank you!

Post: My First BRRRR - Any Advice?

Tyler WatsonPosted
  • Investor
  • Syracuse, UT
  • Posts 6
  • Votes 1

@Chad Duncan

Thanks for the advice!

Post: My First BRRRR - Any Advice?

Tyler WatsonPosted
  • Investor
  • Syracuse, UT
  • Posts 6
  • Votes 1

I am interested in doing my first BRRRR. Here in Utah the market is priced pretty high. I would love to do one in a lower priced market in the Midwest but don't want to deal with coordinating with contractors for rehab, flying out to look at properties, etc, so far away. I realize there are probably still deals you can get here I just don't know where to go to find them. So a few questions:

1) What are your opinions as far as doing it here or in another location out of state?

2) Does anyone know where I could find good wholesale deals in Utah?

3) Any other info you think would be helpful when doing this for the first time?