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Updated over 8 years ago on . Most recent reply

User Stats

71
Posts
11
Votes
Joseph Duenas
  • Rental Property Investor
  • Agana, Guam
11
Votes |
71
Posts

Entity Question for Rental Properties

Joseph Duenas
  • Rental Property Investor
  • Agana, Guam
Posted

My wife and I own about ten rental properties. They are all under our name. I spoke to my accountant about putting the properties under an LLC, but he said he didn't see any real advantages. I'm thinking about putting the properties all under one business, so that I can use the business to write off expenses, that I'm not currently writing off. My wife is also a Realtor and this also falls under our personal income. Any advice on what I should do? Thank you!

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