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Updated over 6 years ago on . Most recent reply

Thomas D Koeneman's profile image
Thomas D Koeneman's profile image
Thomas D Koeneman
  • Realtor
  • Member since Oct 29, 2018
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Thomas D Koeneman's profile image
Thomas D Koeneman's profile image
Thomas D Koeneman
  • Realtor
  • Member since Oct 29, 2018
Connect
Thomas D Koeneman
  • Realtor
0
Votes |
6
Posts
Starting Out

First time investor...

Thomas D Koeneman
  • Realtor
Posted

I'm purchasing my first investment property... It is a single Family 3 BD/1.5 BA that havs the potential of $90 - $100K resale. I'm paying $25K with estimated $900 - $1000 mothly rent. I'm a Realtor and have an established LLC for that business. Where is the best place to park my investment? In the LLC, in a trust I have, or use an IRA? I'm currently thinking the LLC... My plan is to buy and hold for at least 5 years.

Thoughts please?

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