Best option out of Corporation/LLC/Inc. ?

[Geoffrey Bissen]

I am looking at beginning my Real Estate investing journey in approximately 3 months (can’t start now due to a military PCS coming up) and I want to make sure I have all the proper groundwork laid so I can hit the ground running.

I am wondering what the proper business plan is if I am planning on doing this long term. Is it best to run things as a Corporation, an LLC, or is there another option that a newbie like me doesn't even know of?

Any and all advice would be greatly appreciated, and best of luck on all of your own journeys.

[Tanvir Sattar]

@Geoffrey Bissen  It is always best practice to put each property in an LLC. This protects you from someone coming after your assets by separating them and it gives you the benefit of pass-through taxation.

Here is a quick read that lays out the pros and cons of forming an LLC:

https://www.biggerpockets.com/blog/real-estate-llc-not-best-option