Which first, the chicken or the egg

[Jason Glenn]

Hopefully I'm not alone with this question, but I feel as of one topic generally gets over looked or glossed over at best. This is a simple question of starting your actual buisness with your rental properties. I believe everyone knows it's best to get incorporated and start a business to take advantage of multiple tax benefits BUT at what point do you actual form your business. My thoughts are as follows, when starting out your biggest hurdle (for most people) would be securing financing. So with a plethora of options as a person you make it happen and your financed. If you where a buisness wouldnt your hands be bound trying to get certain loans, they would look at you as a business, making the entry to barrier a lot harder because you couldnt take certain loans as a person anymore. On the other side of the coin, if you go through securing your first couple of deals as a person, then wouldnt it become a monumental task to push these properties to your new found buisness? I'm just looking for clarification as the best way to start out, achieve financing through the person, or (from how I see it and I could be wrong) fight an uphill battle by starting a company and building a portfolio that way. Any comments or help would be greatly appreciated. Your friend -Jason Glenn

[Ryan Murdock]

@Jason Glenn

While I commend the long term planning you are getting way too wrapped up in what-if's. Put that stuff out of your mind for awhile. Instead:

Go find a good deal. Buy it. Worry about the minutiae later.