Entity structure on long term rental

[Joshua Rountree]

Hello everybody!

I am picking up a long-term Rental with private financing already in place. It’s a solid deal and I am very excited to move forward with this investment. However I am having trouble with setting up my entity structure moving forward. I have no entity set up right now. I would like start off on the right foot and treat this like a business, as I plan to add more rentals in the future.

Any thoughts on how I should set up entity structure for long term rentals going forward?