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Updated over 9 years ago, 06/23/2015

User Stats

360
Posts
354
Votes
Christian Hutchinson
  • Investor
  • Detroit, MI
354
Votes |
360
Posts

Family Operation

Christian Hutchinson
  • Investor
  • Detroit, MI
Posted

We have several properties, between family members, and we are going to officially organize into a business entity.  The goals are to reduce liability legally, be able to pool resources when going through underwriting(Person A can claim rental income, and pass underwriting, they may share with Person B, but Person B is not involved directly with this particular transaction.

What entity and structure will best meet these goals?  We are talking about 7 properties with 11 Units in total at this moment. Could be 9 Properties with 14 units by year end.

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