Do you have a business set up for your real estate?

[Joshua Eye]

Okay, so I wanna make my first purchase. Do I put it in my name? Sole proprietor? LLC?

Why did you choose what you did?

[Jim Pellerin]

If you plan on holding lots of properties, you should put them in a LLC. But you should also set up a tiered corporation structure. A holding company. An operating company. Multiple asset holding companies.

This will provide the most protection and the best tax benefits.