I went to a Real Estate Conference, 3 days, 9-6.
I learned to put your investment property into an LLC for long term rentals greater than 1 year.
If you do any flips or short-term rentals, put it under an S-Corp.
You can also put your property in what is called a Land Trust. This is better for privacy and asset protection.
Do you have a good real estate attorney and/or estate planning attorney? If not, I recommend Anderson Advisors, you can schedule a complementary strategy session with them for your real estate: https://andersonadvisors.com/wealth-planning-blueprint/
Nycole Freer CFP®, BFA™ is the owner and founder of Eden Financial and the author of “Haisley’s Birthday Money”. She is committed to educating others on how to build a thriving financial life through the philosophy that personal finance is more personal than finance. Sought out for her valued counsel and tailor-made approach, Nycole works with her clientele as their financial partner, seeking to educate them every step of the way so they can become more confident along their wealth building journey. As a mom, wife, health and wellness advocate, and forever student of life, Nycole continues to challenge herself to rise to her potential and encourages others to never settle for less than what their goals are. Nycole is located in Aliso Viejo, CA, serving clients across the state and throughout the US.
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