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Updated over 2 years ago on . Most recent reply
CPA and Real Estate investing structuring
Hello everyone. Please forgive me if the terms and use of them are not accurate as I am still learning. With that said, I may be looking too far ahead but I like to plan as much as possible so that I can avoid slowing down or preventing a process in the future. While I understand that I cannot account for every scenario, I like the comfort of knowing I did everything I could up until that particular point. To start, I am looking to structure my investing by creating an Revocable living trust with an LLC or multiple LLC's within it where appropriate. I've found that a CPA that focuses in real estate would be the best to consult with concerning this. I am unsure if I should begin this process first or purchase my first multi-family first. What would be the advantages/disadvantages of starting with/without structuring? Thank you.