Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago,

User Stats

8
Posts
0
Votes
Philippe Benhamou
  • Rochester, NY
0
Votes |
8
Posts

Is an Entity the way to go?

Philippe Benhamou
  • Rochester, NY
Posted

What's up guys!

As a new investor I was wondering if forming an entity is the way to go? 

I am just starting this business as a Buy & Hold Investor, and I have always belived that business and personal financials should never mix. I wouldn't want to have my personal name tied to many loan debts as I am afraid it would interfere with my personal "financials". On the other had, I hear people say that having this debt to leverage deals tied to you personally allows you to get great deductions from taxes.

Any thoughts or explinations of what the best system is would appreciated!

Loading replies...